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BMW: Bearish Continuation & Short Trade
BAY.MOTOREN WERKE AG ST
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BMW: Bearish Continuation & Short Trade
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2020年7月9日
4
4
6
6
2020年7月9日
BMW has violated a rising parallel channel.
after that the price set a horizontal decision range and yesterday it was broken as well.
during today's trading session the price retested the 618 retracement of the last bearish leg,
showing a negative bearish reaction.
now bearish continuation is expected.
target levels:
57.15
56.0
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