seems to be createing a broadening pattern which is outlined by the trendlines and and 5 orange waves. lots of bearish divergence going on as well on the 1hr and 4hr outlined by trendlines on indicators and circles on candles.
my first target would be the 38 and depending on the timing move down the trendline to see where it intersects with with a fib. if it comes down and doesnt hold 38 well the patterns tells us the 78 is a likely spot. 1 thing is earnings is coming up so potential sell off into earnings for a post earnings dip buy.
Not financial advice
my first target would be the 38 and depending on the timing move down the trendline to see where it intersects with with a fib. if it comes down and doesnt hold 38 well the patterns tells us the 78 is a likely spot. 1 thing is earnings is coming up so potential sell off into earnings for a post earnings dip buy.
Not financial advice
Not Financial Advice