Weekly chart
Correction to above 61.8% Fibonacci retracement
Formed shooting star candle
Positive week presents selling opportunity
Daily chart
Impulsive move higher to 13880
Common corrective sequence ABC
Sell into rally near 12250-12500
Stop at 14000
Target 1: 8000
Target 2: 7232
Correction to above 61.8% Fibonacci retracement
Formed shooting star candle
Positive week presents selling opportunity
Daily chart
Impulsive move higher to 13880
Common corrective sequence ABC
Sell into rally near 12250-12500
Stop at 14000
Target 1: 8000
Target 2: 7232
Trade active
Price action has spiked higher over the last 24 hours and triggered our short ideaTrade active
Playing out nicely now after breaking below 10,000
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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.