Confirmation: 4040.86 (early) / 3916.87 (late)
Invalidation: 4193.82
Target: 3660.25
TF: 4HR
Leverage: 3x
Pattern: 1) three drive reversal with 2) previous bearish rejection candle (high risk of double top) and 3) weekly EMA200 resistance.
Breakdown of the channel will also breach the EMA50 on the daily:
Invalidation: 4193.82
Target: 3660.25
TF: 4HR
Leverage: 3x
Pattern: 1) three drive reversal with 2) previous bearish rejection candle (high risk of double top) and 3) weekly EMA200 resistance.
Breakdown of the channel will also breach the EMA50 on the daily:
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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.