50 MA crossing under 200 MA = Death Cross.
Price has left the upsloping pitchfork, and has begun travelling down the down-sloping fork.
MACD about to cross bearish.
On the hourly, Head & Shoulders has formed right under the down-sloping fork's median line.
Downside Target - $120 - Which coincides with 0.618 fib fan & 0.5 Fib retrace level towards the end of March.
Price has left the upsloping pitchfork, and has begun travelling down the down-sloping fork.
MACD about to cross bearish.
On the hourly, Head & Shoulders has formed right under the down-sloping fork's median line.
Downside Target - $120 - Which coincides with 0.618 fib fan & 0.5 Fib retrace level towards the end of March.
Trade closed: target reached
Bullseye
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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.