Deep fall from a triangle pattern.
Appears to have hit close to the 1.618 and is trying to recover.
If this is far as it falls, this M could be called a Crab. Some would wait for 2 positive closes.
The M is better seen on weekly.
No recommendation
Appears to have hit close to the 1.618 and is trying to recover.
If this is far as it falls, this M could be called a Crab. Some would wait for 2 positive closes.
The M is better seen on weekly.
No recommendation
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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.