Could fit a ABCD pattern (maybe XABCD). And reacts well on the fib.
I am short until it breaks out of the pitchfork.
In my opinion it seems next year to be very bearish, if all the fundamental aspects are against us.
Like a lower price on oil.
If the market have a bad respond on next week news, it can get disastrous.
Give me your comment on how you see 2016 :)
I am short until it breaks out of the pitchfork.
In my opinion it seems next year to be very bearish, if all the fundamental aspects are against us.
Like a lower price on oil.
If the market have a bad respond on next week news, it can get disastrous.
Give me your comment on how you see 2016 :)
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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.