Chart : 4 hourly
Pattern : down breakout from symmetrical triangle
Prediction duration : 4-6 days
Target: 305 $ based on Fib retracement level
Range : 1117.5 $ to 614.88 $
Fibonacci retracement 1.61 level : 304.24 $
Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
Pattern : down breakout from symmetrical triangle
Prediction duration : 4-6 days
Target: 305 $ based on Fib retracement level
Range : 1117.5 $ to 614.88 $
Fibonacci retracement 1.61 level : 304.24 $
Supporting indicator : 12 and 26 SMA show downtrend and diverging with 12 SMA below 26 SMA.
Trade active
wow.... right on track.... stay tuned and look for reversal signs before buying...
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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.