After making a double top pattern, seems the in short term we r turning bullish as we making HH and HL.
Now we r facing the daily ks line (green, 6800 ), which could provide some resistance, a close above will bring us to the 38 fib 7400.
Now we r facing the daily ks line (green, 6800 ), which could provide some resistance, a close above will bring us to the 38 fib 7400.
Note
double bottom i meant :)Note
our resistance still holding the price, watch for this channel Note
short side won, now at supportNote
downside pressure still in, broken the channel , now facing the 618 fib, close under it we face the bottomNote
bounced from the 618 fib , and going to face the 6800 againTrade closed: target reached
finally 7400
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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.