Deep fall from a triangle pattern.
Appears to have hit close to the 1.618 and is trying to recover.
If this is far as it falls, this M could be called a Crab. Some would wait for 2 positive closes.
The M is better seen on weekly.
No recommendation
Appears to have hit close to the 1.618 and is trying to recover.
If this is far as it falls, this M could be called a Crab. Some would wait for 2 positive closes.
The M is better seen on weekly.