Bullmarket Supportband | Weekly close below?
- Uptrend got rejected on the FIB 0.382
- Price is below the Bullmarket-supportband on the weekly timeframe
- Price is below 2021 lower trendline
- Expected support in case of further downside FIB 0.236, next support could be the lower trendline created by the C-19 crash
+ Weekly close above the Bullmarket Supportband would invalidate my scenario. Fingers crossed!
This is an article, not financial advice, always do your own research!
- Price is below the Bullmarket-supportband on the weekly timeframe
- Price is below 2021 lower trendline
- Expected support in case of further downside FIB 0.236, next support could be the lower trendline created by the C-19 crash
+ Weekly close above the Bullmarket Supportband would invalidate my scenario. Fingers crossed!
This is an article, not financial advice, always do your own research!
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.