Bearish price channel continues ?
Updated
Just my perspective:
Major area around 11000 so a decent break above could be more than just a pullback within the bearish price channel & the new start of the bulls... COVID-19 second wave fears keeping investors away so I’m leaning more bearish.
Evaluate & adapt
Major area around 11000 so a decent break above could be more than just a pullback within the bearish price channel & the new start of the bulls... COVID-19 second wave fears keeping investors away so I’m leaning more bearish.
Evaluate & adapt
Note
5 Min chart Fib 61.8% nearing. Was already hit and reversed earlier but its roughly at 11022 which would act as major resistance so there will be alot of volatility around 11000 - 11025
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.