Possibility of Forming Bearish Bat Pattern here. Currently Looks like Point X, A and B have been completed... Now price is moving up to form Point C..
Target possible location for Point C will be around Fibo 61.8 and 78.6 Level. By Looking at the Trendline's projection seems like price may have a chance to reverse at Fibo 78.6 level..
Target possible location for Point C will be around Fibo 61.8 and 78.6 Level. By Looking at the Trendline's projection seems like price may have a chance to reverse at Fibo 78.6 level..
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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.