In a High time, frame we can supose is a Dead cat Bounce if we dont close above 0.382 fib level.
In the 4h we can see a Inverse Head and Shoulders obviously bearish pattern.
But in the same time the Neckline is suporting the price like a good trendline, a close below this Neckline would be bearish for me.
I see a Bear flag or parallel channel it depend of you POV [Orange line].
Good Short or Not
In the 4h we can see a Inverse Head and Shoulders obviously bearish pattern.
But in the same time the Neckline is suporting the price like a good trendline, a close below this Neckline would be bearish for me.
I see a Bear flag or parallel channel it depend of you POV [Orange line].
Good Short or Not
Note
i lost 30 minutes of my life to draw this shitOrder cancelled
Note
WORST ANALYSE EVER LMAOF
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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.