https://www.tradingview.com/x/ASUT7UTP/
K2 and K3 obviously close below the uptrend line,
The supply is increasing.
A potential double top is on the way.
A nearest support is 0.382fib area.
I will try to buy it there.
And, I am still optimistic to the long-term bull market.
Short-126.8/Stop-130.7/Target-112.3
K2 and K3 obviously close below the uptrend line,
The supply is increasing.
A potential double top is on the way.
A nearest support is 0.382fib area.
I will try to buy it there.
And, I am still optimistic to the long-term bull market.
Short-126.8/Stop-130.7/Target-112.3
Note
From K1 to K3,
It is a bearish three soldiers advancing pattern,
K3 close below the neck line of a potential double top pattern.
I don’t think this pattern will reverse the long-term bull market.
A nearest support at about 0.382-0.5fib area.
And I will try to buy it there.
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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.