Price made an impulsive move to the down side breaking previous Support and finding Support at the
Fibonacci Golden pocket levels(0.618,0.65) At the time of this write up, Price Formed a Continuation
Chart Pattern at Fib Level . The Pennant or FlagPole is a Trend Continuation Pattern and as such,
we expect Price to travel down to $19000-$18000 Price Range .
Understand that these are probabilities and make market is always right regardless of the out come
Fibonacci Golden pocket levels(0.618,0.65) At the time of this write up, Price Formed a Continuation
Chart Pattern at Fib Level . The Pennant or FlagPole is a Trend Continuation Pattern and as such,
we expect Price to travel down to $19000-$18000 Price Range .
Understand that these are probabilities and make market is always right regardless of the out come
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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.
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.