Downside bearish rectangle breakout
Price seen have bounced off the resistenece and tended to tramble down.
Reached a zone and got trapped into a range/consolidation rectangular channel.
A final breakout is expected to be seen at the support of the channel and TP1 will be set at the first closest support level or at the previous swing low
Reached a zone and got trapped into a range/consolidation rectangular channel.
A final breakout is expected to be seen at the support of the channel and TP1 will be set at the first closest support level or at the previous swing low
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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.