Bearish pattern , bearish pennant..
1HR-4HR Chart bear flag forming from descending channel from the triangle.
The bear candle is stronger from that drop rejection.
Trade safe and it’s very volatile .. we should be expecting the big drop along the Q4 to crash the price.
10K is the strong floor target for the bulls opportunity to recover very hard; if the recovery didn’t happen then should expect even lower than 10K we will see.
OCT 13th is the CPI Data Feds meeting for the inflation
Should expect the Feds pivot of November 2nd if not then sometime around December.
1HR-4HR Chart bear flag forming from descending channel from the triangle.
The bear candle is stronger from that drop rejection.
Trade safe and it’s very volatile .. we should be expecting the big drop along the Q4 to crash the price.
10K is the strong floor target for the bulls opportunity to recover very hard; if the recovery didn’t happen then should expect even lower than 10K we will see.
OCT 13th is the CPI Data Feds meeting for the inflation
Should expect the Feds pivot of November 2nd if not then sometime around December.