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As it rises from the 2.5664 point, expectations for the rise are increasing.
We must see if we can climb above the base line and the 2.6899 point.
If it rises above the 2.8250 point, expectations for a rise are expected to increase.
In order to make a trend change, it must rise above the 3.2125 point.
If you fall from the 2.5664 point, you are likely to touch the 2.3052 point, so this is a short stop loss point.
If you fall in the 2.3052-2.4808 Fibonacci retracement range, you'll need to trade carefully as it is expected to record a large decline.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
As it rises from the 2.5664 point, expectations for the rise are increasing.
We must see if we can climb above the base line and the 2.6899 point.
If it rises above the 2.8250 point, expectations for a rise are expected to increase.
In order to make a trend change, it must rise above the 3.2125 point.
If you fall from the 2.5664 point, you are likely to touch the 2.3052 point, so this is a short stop loss point.
If you fall in the 2.3052-2.4808 Fibonacci retracement range, you'll need to trade carefully as it is expected to record a large decline.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
