It is supported with 200 MA on 60-chart.
It is forming a small channel on the retracement having fallen since June 27th. It is going to end up with showing a Flag Pattern.
If failing to support 200 MA, existing declining energy will drive down to the price of 8,700 to 8,400. It will be a good opportunity to buy.
It looks like the price to seek a short position entry rather than a long one.
It is forming a small channel on the retracement having fallen since June 27th. It is going to end up with showing a Flag Pattern.
If failing to support 200 MA, existing declining energy will drive down to the price of 8,700 to 8,400. It will be a good opportunity to buy.
It looks like the price to seek a short position entry rather than a long one.
Note
1h 1h resistance.Note
Trade active
Flag pattern, Fullbak Note
Note
15M, short-term short, gartleyNote
short-term short, target reached. Trade active
1H, shortNote
1H, short-term Long. Note
Note
Note
Do not break through the resistance seems to go down to the AB = CD pattern target value. Note
30min, Falling wedge. Note
30min, target areaNote
1H, If 50 ma is broken, it can go on at 9200~9180. Note
Note
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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.