Good Morning,
Chart has allowed us to spot symmetrical triangle, which can be found as continuation or reversal sign. In my opinion this formation will support further downward movement. To support my point of view, you can see on the chart that second trend line was broke and we are likely heading to a main trend line below. Moreover we can see that MA50 was crossed and probably so as MA100. Range of the formation is fitting very well with Fibo 127.2 and structural support. Short positions should be opened below closest supports as shown on the chart.
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Remember it's only my point of view, every investment you make is fully on your risk.
Chart has allowed us to spot symmetrical triangle, which can be found as continuation or reversal sign. In my opinion this formation will support further downward movement. To support my point of view, you can see on the chart that second trend line was broke and we are likely heading to a main trend line below. Moreover we can see that MA50 was crossed and probably so as MA100. Range of the formation is fitting very well with Fibo 127.2 and structural support. Short positions should be opened below closest supports as shown on the chart.
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Remember it's only my point of view, every investment you make is fully on your risk.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.