Hey guys.
First of all, we have " SEA PONEY " pattern from point X to D.
Also, it can be three attack
When the chart receives to D, a bearish market begins.
we have very powerful Fibo lines above D and it can not Pass them.
base on Ichimoku indicator I found several strong resistance and supports lines.
another reason that can improve my guess is pitchfork and it's 80% possible that chart reaches the middle line.
also in MACD, we see the phases are going down.
First of all, we have " SEA PONEY " pattern from point X to D.
Also, it can be three attack
When the chart receives to D, a bearish market begins.
we have very powerful Fibo lines above D and it can not Pass them.
base on Ichimoku indicator I found several strong resistance and supports lines.
another reason that can improve my guess is pitchfork and it's 80% possible that chart reaches the middle line.
also in MACD, we see the phases are going down.
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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.
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.