HCG

80% Bearish Gartley pattern forming on the EWW

Short
AMEX:EWW   iShares Inc iShares MSCI Mexico ETF
1
I think that If EWW reaches the $72.50 price level around Aug 20th, it will complete a (somewhat valid) bearish Gartley pattern, with a relatively high prob for the price to drop to the $66 direction in less than a month, on where there's a strong volume-profile balance attractor.

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.