Hello guys, the end of the (ABCD) pattern, and the target of the pattern has been achieved. If the pattern succeeds, we will drop to the basic support levels near the 53000 area.
The model fails if the weekly close is above 64850
And we head to (Fib 1.27) near the price of 74000
Take appropriate measures and prepare yourself to deal with both possibilities
The model fails if the weekly close is above 64850
And we head to (Fib 1.27) near the price of 74000
Take appropriate measures and prepare yourself to deal with both possibilities
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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.