Using wave pattern, we can see that price is ranging in what appears to be a triangle
After which, there is a high probability price spike down lower towards 141 region to complete the waves.
Once the pattern is completed, price may start to reverse and retest previous high around 148 region. Hope this works and benefit your trades
Good luck.
After which, there is a high probability price spike down lower towards 141 region to complete the waves.
Once the pattern is completed, price may start to reverse and retest previous high around 148 region. Hope this works and benefit your trades
Good luck.
Trade active
Let the game begin, give me my new low...
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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.