Weekly Chart: waiting for Daily Pennant

2020년 5월 9일

1663 was tested by Bulls mid April already and seem to be a important level as well as 1630 down below.

You can see the 2.618 fib extension and how price failed to close above it.

If price is in a range this could get bad for short term bulls.

There is a pennant on the daily time frame. If that pennant breaks to down side,
bear targets should be 1663 tp1; 1630 tp2 respectfully.

2020년 5월 9일

노트

If Pennant break to upside, of course we are bulls.