Reasons:
- Fibonacci Extension 1.62 is met, which gives a chance for a short term correction
- Lower band of the bearish channel is touched by price
This is only how we interpret the market
- Fibonacci Extension 1.62 is met, which gives a chance for a short term correction
- Lower band of the bearish channel is touched by price
This is only how we interpret the market
Note
Upside movement is triggered!
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.
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.