Looking at the price action daily chart, we can see a Bearish Pennant ongoing.
EMA 21 and 34 are the dynamic resistances
Waiting for price to break the point B to complete the pattern,
with TP1 around 128 and TP2 around 124,
SL 132,5
EMA 21 and 34 are the dynamic resistances
Waiting for price to break the point B to complete the pattern,
with TP1 around 128 and TP2 around 124,
SL 132,5
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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.