Interesting pattern
Since the end of the last year, an interesting pattern has repeated several times:
-Main trend remains bearish inside a descending megaphone.
-Every time it got close to the upper line, it made a double top (actually the 2º test is always a bit higher) as I showed on the chart.
This makes me think of a possible bullish scenario for this month in order to retest the 34,5k area.
-Main trend remains bearish inside a descending megaphone.
-Every time it got close to the upper line, it made a double top (actually the 2º test is always a bit higher) as I showed on the chart.
This makes me think of a possible bullish scenario for this month in order to retest the 34,5k area.
Note
possible shark pattern to take shape in the next 4 weeksNote
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.