Ok, there are two things I see here:
1) a rising channel, which is a bearish pattern whose target is indicated by the rectangle;
2) an impulsive EW formation which is over and an ABC correction in the process which should stop close to the target
so if 1+1 = 2 it should be it. Moreover indicators say this is a retracement. Let's wait and see.
1) a rising channel, which is a bearish pattern whose target is indicated by the rectangle;
2) an impulsive EW formation which is over and an ABC correction in the process which should stop close to the target
so if 1+1 = 2 it should be it. Moreover indicators say this is a retracement. Let's wait and see.
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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.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.