Evidences:
1. A 0.618 retracement.
2. A conformation by the large bullish candlestick on daily chart.
Note that the "double top pattern" is invalidated since the retracement of the orange line is much above 0.618...
1. A 0.618 retracement.
2. A conformation by the large bullish candlestick on daily chart.
Note that the "double top pattern" is invalidated since the retracement of the orange line is much above 0.618...
Trade closed: stop reached
Nope
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.