Again Gartley .. Pulling Fibs and channel.. At the moment strong daily, undoubtedly strong daily but massive monthly and key level to break 17.5k .. Hitting lower than 16.5 to 16.2 would break confidence back to the upside. What would you do if the price hit 16.2k? : ) (Dont answer) I like the range I've drawn. Green parallel channel. I don't believe in Bearish/Bullish channels, its too far into the future as it is. Nice to see a flip 17.6k to 19.2K Eye on the ball, were on a downtrend, eye open for a trend reversal.
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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.