To me this chart is saying quite a few things.
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
When zooming out I can see a historical support and resistance level is .00133820
On the day chart, we have completed an inverse head and shoulders.
After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way.
A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign.
Buying range is between .00139 and .00134
Selling range is between .0015 and .0016
Sell Loss is set at .00131
God Bless, Thank You for Viewing My Work.
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2 Free Indicators simply for signing up at Tracking Technicals Website.
We Also Live Stream Regularly on all Platforms. Check Out Our Website for Free Guides on our Indicators & Other Services, + Our Playbook