According to previous posts where the channel was shown at higher time, the price is in the undecided range for a stable trend, and until it breaks out of this range, there will be no accelerated movement
Note
Note
Trade active
Note
Note
Note
Note
The price failed to break the triangle pattern to continue the upward movement, the 4-hour bearish candle is very powerful, in the event of a complete failure of the 836 support, the price can reach the Fibo targets in the downward movement and even touch the 564 floor in the worst case
If the support of 836 is maintained, we can hope for the failure of Trend Line A
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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.