2 Scenarios are possible either a bounce at the .618 FIB at $155 or a breakdown.
Scenario 2 seems more likely given that the interest rate hike will be announced next week
Expecting a retracement to September lows of $142
Adam & Eve top formed on the 3D
1D - PSAR Flipped Negative
Price has dropped below 50MA on the D/3D (further bearish evidence)
Scenario 2 seems more likely given that the interest rate hike will be announced next week
Expecting a retracement to September lows of $142
Adam & Eve top formed on the 3D
1D - PSAR Flipped Negative
Price has dropped below 50MA on the D/3D (further bearish evidence)
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.
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.