Recovery fails to break the D1 piercing point resulting in another drop to low 3400s.
A steady decline is still assumed which would keep 200EMA aligned with symmetric support.
Some of the lower pricelines have been removed but 1700 remains in as the LT cycle flip marker.
The next critical support zone should be noted from 3371-3405.
tradingview.com/chart/gDBkksfy/
A steady decline is still assumed which would keep 200EMA aligned with symmetric support.
Some of the lower pricelines have been removed but 1700 remains in as the LT cycle flip marker.
The next critical support zone should be noted from 3371-3405.
tradingview.com/chart/gDBkksfy/
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Related publications
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.