Monthly: bearish
Weekly: triple top, range broken and now being retestedm pennant pattern
Path of least resistance:TL, 20EMA, key line, go against the trend
Confluences:
1. Bounce off a key area and bounce off a TL
2.0.5 fib
3. deceleration
4.Triangle/pennant
Weekly: triple top, range broken and now being retestedm pennant pattern
Path of least resistance:TL, 20EMA, key line, go against the trend
Confluences:
1. Bounce off a key area and bounce off a TL
2.0.5 fib
3. deceleration
4.Triangle/pennant
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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.