Head and shouldern and parallel channel pattern
Looks like, we are about to see a longer correction than expected. The run-up was huge which started back in March, it seems the market needs to let off some steam.
If you look at the daily chart, you will recognize 2 famous trading patterns.
"Head and Shoulder" and "Parallel Channel"
Both of them broke last Friday, we even had a backtest on the 4 hourly charts.
Our next support zone is between the S2 Pivot Point and 38.2% Fib retracement.
If you look at the daily chart, you will recognize 2 famous trading patterns.
"Head and Shoulder" and "Parallel Channel"
Both of them broke last Friday, we even had a backtest on the 4 hourly charts.
Our next support zone is between the S2 Pivot Point and 38.2% Fib retracement.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.