As I told after breakout S.h - support horizontal
I get bearish side. We see the standart TA pattern of
continuation of down trend. Price consolidated in
bearish wedge and started work from 61.8 Fibo lvl.
retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5200. Dont forget about SL!
I get bearish side. We see the standart TA pattern of
continuation of down trend. Price consolidated in
bearish wedge and started work from 61.8 Fibo lvl.
retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5200. Dont forget about SL!
Comment:
Strong bearish market
Comment:
Rising volume on next descending wave shows Bearish trend.
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