$OCEAN$: Bullish 🐂 [Extended Analysis]

What’s up: Placed a limit buy at 0.43572. My rule is to always buy at the golden zone, a.k.a. 61.8% Fibonacci Retracement level, even if it means sacrificing opportunities. I am expecting this 23% - 33% profit from this play if I am right.

The Short-Term Play: 1-2 weeks
3.95-to-1 PL Ratio.
Entry: 0.43572; Target: 0.57810; SL: 0.39969.

Hourly Resistance Zones

1. 0.4654 - 0.4837
2. 0.4921 - 0.5047
3. 0.5317 - 0.5394

Hourly Support Zones

1. 0.4521 - 0.4449
2. 0.4397 - 0.4357
3. 0.4227 - 0.4171

TA Methodologies:

1. Supply & Demand Theories
2. Price Momentum
3. Fibonacci Retracements & Extensions SR Zones
4. Trendline Breakout
5. RSI Movement Strengths