Conditions are stabilizing again so we avoid a bigger selloff just in the nick of time here but as it stands a close below the tip of this 1M Pennant isn't looking great especially given the multitude of various bearish structures contained within.
Conditions also seem likely to improve the next few days so some bigger down movement may have to wait until next week however this period of downtrend may have already triggered something broader that is now unstoppable.
Next most likely scenario is run up to ATH so stay frosty, we got plenty of trend confirm trigger lines between here and there to milk.
If we do get another ATH, then the following downwave should be something to behold.
Conditions also seem likely to improve the next few days so some bigger down movement may have to wait until next week however this period of downtrend may have already triggered something broader that is now unstoppable.
Next most likely scenario is run up to ATH so stay frosty, we got plenty of trend confirm trigger lines between here and there to milk.
If we do get another ATH, then the following downwave should be something to behold.
노트
Look at that beautiful double bottom back to Pennant retest...노트
Uh-oh, we're breaking under 3760!노트
Heiken Ashi lookin particularly devastating...노트
Should get a bounce off the 2H SMA 987...
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.