Blue line Ascending Channel
(Fibo 1 - 11890 / fib 0 - 11100)
Point1. 11720 fibo 0.782 Down
Point2. 11400 fibo 0.382 up
The chart may be partially transformed by overshooting or trajectory of the trend
(Fibo 1 - 11890 / fib 0 - 11100)
Point1. 11720 fibo 0.782 Down
Point2. 11400 fibo 0.382 up
The chart may be partially transformed by overshooting or trajectory of the trend
Note
The blue line's uptrend channel is broken and is following a large pink wedge trend.If the short-term decline could come out and support the 10.9k to 11k zone and break above the top of the 11.4k downturn wedge, you can see a rise to 12k again.
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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.