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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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。