We are seeing a bear flag in here, look at the count yourselves, it gives a target in the 5.7k area. Just have to wait and see it...
There was also a Symmetrical triangle that was broke down. Now it probably need to consolidate.
There was also a Symmetrical triangle that was broke down. Now it probably need to consolidate.
Trade active
We broke our channel and we were rejected at resistance 6.6k where the EMA 30 is too.
We also have build an ascending wedge which is broken already and has a target to 6.1k levels.
Too many bearish Patterns accomplished VS bullish Patterns not completed.
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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.