This drop was expected, and hopefully it ends there because it stems from what could be a bearish flag pointing lower. On the other hand, this movement created an ABC pattern, which ultimately forms a flag leading us to 29K
If we are not too bearish, we can go with the bull flag, and wait an explosive movement to the upside.
If we are not too bearish, we can go with the bull flag, and wait an explosive movement to the upside.
Trade closed: target reached
closed trade, target reached!
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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.