$TOTAL is flerting with important Fibonacci Circle resistence

Zaktualizowano
After a fake breakout from important Fibonacci Circle resistence and a fake breakout from the downward blue continuous line, TOTAL is trying to find now support over the daily 200 EMA (green line) that coincides exactaly over an important VWAP reset line

If prices continue to fall, a very important support will be over the market "Support Box"

Once the price breakout from the red Fib Circle, market will continue its move upward
Uwaga
TOTAL is still being squeezed between Fib Circle and 200 EMA

As the oscillators (the 4 lower pannels) are all still pointing down, it seems plausible that TOTAL is going to test again the 200 EMA (green line)
Chart PatternscirclefibcirclesfibcircleTechnical IndicatorsmarketcapresistencetotaltotalmarketcapTrend Analysis

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