A price action below 360 supports a bearish trend direction.
Increase short exposure for a break below 340.
The target price is set at 310 (its 61.8% Fibonacci retracement level).
the stop-loss price is set at 380.00
The M-top pattern might hint as some temporary weakness in the share price.
Remains a risky trade.
Increase short exposure for a break below 340.
The target price is set at 310 (its 61.8% Fibonacci retracement level).
the stop-loss price is set at 380.00
The M-top pattern might hint as some temporary weakness in the share price.
Remains a risky trade.
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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.