white line: neck line of a valid H&S. we have completed a pull back to it white box: strong static resistance area + fibo retracement 38% is also in the same area yellow line: midline of a channel drawn in weekly time frame green line: ema 200 + notice that all indicators say that our lovely market is still bearish!! so, we will drop down... where to next? right to the abyss !!!
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.