themarketzone

Testing important weekly structure zone

NYSE:BAC   BANK OF AMERICA CORP
Since latest bearish setup ( bearish harmonic confluence), $BAC crashed down below Triangle bottom, trading range bottom and the 200 Weeks MA.
Now it is testing important weekly structure that may halt its free fall.
Below, we have 10$ as nearest support and weekly 61.8 Fib level.
Above, 13-14$, Final target zone for this setup

Follow me on TradingView
Visit my blog - http://goo.gl/78KZsl
Subscribe to the newsletters - http://goo.gl/psNTqg
Comment: Nice bounce from support.
Perhaps double bottom before continuation.. For now looking good
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out