Hey there,
sooo the correction has begun.
Take a close look at this chart if you did not yet make your mind up about
where price could be headed in the next weeks an months.
We are currently forming a reversal candlestick on the weekly timeframe
and most signals are flashing atleast short term corrective.
Targets are 200MA at the very bottom at 8880
Setup trendline at 9150
Pitchfork supp around 9500~
For further details read the comments on the chart.
This will most likely form a weekly higher low in the next few weeks,
which would then confirm the weekly trendchange.
Like, comment and follow me to help out each other!
Go to my YouTube channel if you don't want to miss out on these ideas:
Enlightened Trading
Also follow me on instagram and twitter @enlightened_trading_
Cheers,
Konrad
sooo the correction has begun.
Take a close look at this chart if you did not yet make your mind up about
where price could be headed in the next weeks an months.
We are currently forming a reversal candlestick on the weekly timeframe
and most signals are flashing atleast short term corrective.
Targets are 200MA at the very bottom at 8880
Setup trendline at 9150
Pitchfork supp around 9500~
For further details read the comments on the chart.
This will most likely form a weekly higher low in the next few weeks,
which would then confirm the weekly trendchange.
Like, comment and follow me to help out each other!
Go to my YouTube channel if you don't want to miss out on these ideas:
Enlightened Trading
Also follow me on instagram and twitter @enlightened_trading_
Cheers,
Konrad
