Long term Bearish, but am looking for a correction this week.
Last 2 moves up have been a 61.8% retracement. They both have
been fairly sharp and quick. Suspecting this move will be similar.
I don't want to see the yellow trendline touched. If that happens this
analysis is wrong! Know it is going to try extremely hard to break it.
Note: It's also making a Fantastic "Head & Shoulders".
Last 2 moves up have been a 61.8% retracement. They both have
been fairly sharp and quick. Suspecting this move will be similar.
I don't want to see the yellow trendline touched. If that happens this
analysis is wrong! Know it is going to try extremely hard to break it.
Note: It's also making a Fantastic "Head & Shoulders".
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.