So we had an inverse cup and handle+handle, which is obviously bearish. I expect us to bounce off the bottom trend line of the large pennant we have on daily time frame.
I expect bottom to be between $7750-$7650 based off the descending triangle on 15min time frame.
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.
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.