On one side: a bullish harmonic pattern that could give a rise to a large impulsive wave, up to 477 forming a double top. On the other side: a spinning top and a rising wedge that gives a corrective wave and possible a AB-CD harmonic pattern.
On the bright side: price is inside the ichimoku cloud and above the resistance.
I still think short on this one.
On the bright side: price is inside the ichimoku cloud and above the resistance.
I still think short on this one.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.