Currently you are looking at a rising wedge retest on Hype I
It will now either
1) Reject Here
2) Attempt to avoid having to go the full short target by pumping back up through the wedge.
Main Resistance Points coming up that makes be think we see a wick and through, failure to flip the wedge and back down lower
Daily Resistance / Fib Pivot Points
(Labeled On The Chart)
R3 / R2 / R1 / PP S1/S2/S3
$53.66 / $47.96 / $44.45 / $38.7 / $33.03 / $29.55 / $23.86
Fib 1.6 April Swing Low (TOP TOP) is $59 which likely is explored later t
It will now either
1) Reject Here
2) Attempt to avoid having to go the full short target by pumping back up through the wedge.
Main Resistance Points coming up that makes be think we see a wick and through, failure to flip the wedge and back down lower
Daily Resistance / Fib Pivot Points
(Labeled On The Chart)
R3 / R2 / R1 / PP S1/S2/S3
$53.66 / $47.96 / $44.45 / $38.7 / $33.03 / $29.55 / $23.86
Fib 1.6 April Swing Low (TOP TOP) is $59 which likely is explored later t
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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.