In this time frame, the price could not cross the resistance range of $2016 and it is suffering in this range and forming a pattern falling wedge The data is a kind of ascending pattern. If the price goes up and the pattern is executed, it is likely that the price can cross the resistance range of $2016 with some valid candles. Otherwise, considering that the ascending trendline has broken down, it can be expected that the range of 0.5 and 0.618 Fibonacci will have the same falling trend.
Resistance range: 2081-2044-2016
Support range: 1887-1912-1935
GOODLUCK
SANAM
Resistance range: 2081-2044-2016
Support range: 1887-1912-1935
GOODLUCK
SANAM
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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.