Notice the Descending triangle on hourly chart. IF the retest stays steady, another sell off should follow. This coincides with .618 retracement started on 06 Aug '20 - 18 Aug '20. Additionally this drop would confirm the head and shoulders forming 12 Aug 20 - 24 Aug 20
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.