TF: D
Price looks like it could move a bit higher from here. If it continues to trade sideways or lower I think it may fall out of the formation. Ultimately, if it trades higher or lower I think price will visit ~81 levels over the next few months
Price looks like it could move a bit higher from here. If it continues to trade sideways or lower I think it may fall out of the formation. Ultimately, if it trades higher or lower I think price will visit ~81 levels over the next few months
Note
Looks like price broke out and fell out of the formation and is retesting it
Note
retest with some rejection, if this sells it should ideally break the lows and move to ~81
Note
Sold off well below 81. Looking to see if price can bounce off the green line for a higher move before another down wave
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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.