Looking like a good short term swing trade. Looks like a completed ABCD pattern. Looks like it’s breaking trend lines. A good trend reversal pattern after the wedge. With FIB 50% as the neckline for rising wedge. Symmetrical triangle.
I’m looking for it to reverse to the 200ma on 4hr chart
$2200 likely
$2700 potentially
Long term trend reversal possible.
I’m looking for it to reverse to the 200ma on 4hr chart
$2200 likely
$2700 potentially
Long term trend reversal possible.
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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.