Previous symmetrical wedges broke to the upside before falling apart.
P&L 3:1
Support 3500
Stop Loss 3500
Target 3660
Resistance 3660.
A rejection of multiple impulse moves to the downside showing seller exhaustion. Likely quick reversal to the downside thereafter as a repeat of the previous larger fractals.
P&L 3:1
Support 3500
Stop Loss 3500
Target 3660
Resistance 3660.
A rejection of multiple impulse moves to the downside showing seller exhaustion. Likely quick reversal to the downside thereafter as a repeat of the previous larger fractals.
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.