trendreversal incoming... i_d say we need to leave the cloud for a strong confirmation
Note
cloud resistance could not be broken.. :(main trend line holds for now.
Diamond Reversal Pattern could signal the anticipated trend reversal.. if it breaks the main trend line (green) it will probably go down to the fib 0.61 level before the next leg up.
Note
aaaand the beautiful reversal pattern did not complete... ALTs drop hard again... bloody friday :(
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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.