Confirmation/Entry: 124.46 (ideal) / 188.78 (early) / 227.89 (risky +)
Invalidation: Local high
Target: Three targets on chart
TF: D
Leverage: 2x
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, 3) death cross on daily, and 4) daily EMA200 resistance.
Weekly snapshot. Notice the trading between the EMA50 and 200.

Invalidation: Local high
Target: Three targets on chart
TF: D
Leverage: 2x
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, 3) death cross on daily, and 4) daily EMA200 resistance.
Weekly snapshot. Notice the trading between the EMA50 and 200.
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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.