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.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.