high potential PRZ
Price has reached to a high potential PRZ which counts as a resistance in current uptrend.
Formation of multiple bearish patterns as well as reaching to a PRZ, a price fall is accepted. Considering the chart's behavior in the past, I would suggest the next target would be 0.618 ab @ 7324.
I would be happy to have your comments.
Formation of multiple bearish patterns as well as reaching to a PRZ, a price fall is accepted. Considering the chart's behavior in the past, I would suggest the next target would be 0.618 ab @ 7324.
I would be happy to have your comments.
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.