Descending triangle bouncing on support of 50% fibs
If Breakdown there is possible support at the 61.8% but more likely a dead cat bounce between 1770 and 61.8 fibs.
However, Consolidation at the hypotonus of the Descending Triangle could indicate a break-up which if fulfilled could see 2700 area.
If Breakdown there is possible support at the 61.8% but more likely a dead cat bounce between 1770 and 61.8 fibs.
However, Consolidation at the hypotonus of the Descending Triangle could indicate a break-up which if fulfilled could see 2700 area.
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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.