1) A symmetrical triangle has been confirmed and driving the downward trend further.
2) Attempted to reach 200 EMA , however will potentially bounce back up to 50 EMA and will fail to reach a/o cross it
3) If above mentioned point is TRUE, imminent filling the gap and breaching 200 EMA eventually, implying the price will likely to settle around next 300 support.
Thanks for you attention folks!
PS: my first idea published)
2) Attempted to reach 200 EMA , however will potentially bounce back up to 50 EMA and will fail to reach a/o cross it
3) If above mentioned point is TRUE, imminent filling the gap and breaching 200 EMA eventually, implying the price will likely to settle around next 300 support.
Thanks for you attention folks!
PS: my first idea published)