Considering the breakout of the 4-hour channel and confirmation of the downtrend, reaching the \$3,330 level is not out of the question.
This target was derived using a pattern-based projection from the channel breakout.
I’ve personally taken this position, but I’m not recommending it — just sharing for informational purposes.
This target was derived using a pattern-based projection from the channel breakout.
I’ve personally taken this position, but I’m not recommending it — just sharing for informational purposes.
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.