As I told after breakout S.h - support horizontal
I get bearish side. We see the standart TA pattern of
continuation of down trend. Price consolidated in
bearish wedge and started work from 61.8 Fibo lvl.
retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5200. Dont forget about SL!
I get bearish side. We see the standart TA pattern of
continuation of down trend. Price consolidated in
bearish wedge and started work from 61.8 Fibo lvl.
retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5200. Dont forget about SL!
Note
Strong bearish marketNote
Rising volume on next descending wave shows Bearish trend.
Telegram channel: t.me/SupernovaElite
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.
Telegram channel: t.me/SupernovaElite
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.