the bearish rally continued to 11088 close to 0.618 level on daily chart (the green line).
and now it's forming falling wedge.
at this price, we always 2 options: (up or down). but in my opinion i think it will drop to 11000 which is supported
by daily chart, and also finishes the 5 waves on falling wedge and back from here.
and now it's forming falling wedge.
at this price, we always 2 options: (up or down). but in my opinion i think it will drop to 11000 which is supported
by daily chart, and also finishes the 5 waves on falling wedge and back from here.
Trade closed manually
it hit the support line and short up from there, despite the price is not exact what i had expected
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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.