As we can see the price was bounded here for about 2 days and in lower timeframes, it is creating reversal patterns like this double top if the price sees some more correction and break this local support and neckline then a huge fall is ahead.
price need to retest Fibonacci levels and at least 0.38%.
Targets and supports ahead :
A. 42500
B. 40000
C. 37300
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
price need to retest Fibonacci levels and at least 0.38%.
Targets and supports ahead :
A. 42500
B. 40000
C. 37300
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Note
price is trying to break neckline but not successful yet(4H candles should close below neckline)current price: 44850(-1.5%)
Note
the first candle close below neckline ✔soon more dump is ahead or maybe retest and dump
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
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.
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned messages in my telegram channel for more info.
Related publications
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.