Not the best sign as we break below long-term trendline with lows around 1050.
A buffer was added for better accuracy of this rejection and indicates how the upper limit intersected support and lower limit acts as new resistance.
A dotted line was also added to show an estimated 'extreme' and current support.
It seems that we still have a chance at short-term recovery if we can make it back into pattern before late-July (~7/20).
Alternatively, we could form another recovery through an extended second bottom (dotted) with a low of 900-950 although I'm not actually sure if this would be valid.
A buffer was added for better accuracy of this rejection and indicates how the upper limit intersected support and lower limit acts as new resistance.
A dotted line was also added to show an estimated 'extreme' and current support.
It seems that we still have a chance at short-term recovery if we can make it back into pattern before late-July (~7/20).
Alternatively, we could form another recovery through an extended second bottom (dotted) with a low of 900-950 although I'm not actually sure if this would be valid.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.