Looks like a Triangle for now. So, price should fall as long as it remains below 6975.
If this goes above the stop lvl, the forecast could still play out but instead of a triangle, we get a Flat correction.
As long as price doesn't go above the 78.6% retracement level, I will remain with a bearish view here.
If this goes above the stop lvl, the forecast could still play out but instead of a triangle, we get a Flat correction.
As long as price doesn't go above the 78.6% retracement level, I will remain with a bearish view here.
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Thanks !
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Thanks !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.