Channel broken and possibility on constructing H&S top
Huge volume and bearish candlestick today, with the downward penetration of the rising channel, indicate the bullish status of the index has been destroyed. Measures target from the channel is 26734 with the support of the golden ratio. At the same time, the market is seems constructing a head and shoulder top, and the target is 26008.
Don't hesitate and please leave some comment below !! :)
Don't hesitate and please leave some comment below !! :)
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.