DUMP#1 bounced a lot more than DUMP#2.
Failed rally attempts on 4Hour candles + low volume might mean bulls are losing interest.
Possible dump target is 230(0.76 fib from our 220s-260s rally).
Higher lows on 4Hour = Careful shorting under 240.
Failed rally attempts on 4Hour candles + low volume might mean bulls are losing interest.
Possible dump target is 230(0.76 fib from our 220s-260s rally).
Higher lows on 4Hour = Careful shorting under 240.
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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.