We expect price will falling to about 78.6 fibo retracement level
and then rises.
Falling wedge occurs when the uptrend paused
If look at chart in weekly time frame sees forming a C&P pattern (Cup and Handle)
MACD&RSI still in neutral area which confirms this claim.
and then rises.
Falling wedge occurs when the uptrend paused
If look at chart in weekly time frame sees forming a C&P pattern (Cup and Handle)
MACD&RSI still in neutral area which confirms this claim.
Note
price back for completing second bottom
Related publications
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.
Related publications
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.