Just doing a quick look at
IVR,
Looks like a huge bear flag with bearish divergence in play, on both daily and 4 hour time frame.
I would only buy if it closes above red resistance line on price triangle, or blue .50 fib line.
Looks like a huge bear flag with bearish divergence in play, on both daily and 4 hour time frame.
I would only buy if it closes above red resistance line on price triangle, or blue .50 fib line.
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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.