In a long channel where the midline is broken down, the pullback also hits several times
It is now in a smaller channel that can be said to be failing
Today, the price must close above 34,500
Otherwise, a sharp drop is not unexpected
It is now in a smaller channel that can be said to be failing
Today, the price must close above 34,500
Otherwise, a sharp drop is not unexpected
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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.