Potentially on D chart, we have Head and Shoulder technical pattern.
If this is the case target can be way down. Take a look at price movements near Gan line, monthly one, which can in this case been our resistance line. The RSI at 40 levels is worth paying attention.
My play is sell, with R/R 2:7
If this is the case target can be way down. Take a look at price movements near Gan line, monthly one, which can in this case been our resistance line. The RSI at 40 levels is worth paying attention.
My play is sell, with R/R 2:7
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.
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.