Meta has broken the market structure and started a deep dive. The weekly chart looks like a hot RED falling knife.
There are no long term fib support anymore, the trend is now 100% bearish on the weekly chart.
There will be fake rallies until we see a real support.
The only support levels will take us back to 2015 or even before.
Look at the chart for more details:
DYOR and be careful trading this volatile markets with any leverage position.
There are no long term fib support anymore, the trend is now 100% bearish on the weekly chart.
There will be fake rallies until we see a real support.
The only support levels will take us back to 2015 or even before.
Look at the chart for more details:
DYOR and be careful trading this volatile markets with any leverage position.
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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.
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.