Pattern: Channel Down on 4H.
Signal: Bearish as the 4H MA50 broke and that was a bearish signal last time it took place.
Target: 1590 (the 0.786 Fibonacci retracement).
Signal: Bearish as the 4H MA50 broke and that was a bearish signal last time it took place.
Target: 1590 (the 0.786 Fibonacci retracement).
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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.
