Since my last idea, the gartley pattern was completed and the price bounced just in the expected area. Even though not with enough power to break the 200 EMA, that failure made the price retrace almost 78%.
From here we could expect a retest of the 623 support and the weekly S1 but this time the main trendline is there too. A break of those three support zones will probably take the price to S3 and the 489 support.
In the other hand if the price can get over the 200 EMA, R1 and the 748 resistance with enough volume, that could mean the start of a rally targeting the top of the symetrical triangle.
This is just a noob's opinion not a buy/sell recomendation.
From here we could expect a retest of the 623 support and the weekly S1 but this time the main trendline is there too. A break of those three support zones will probably take the price to S3 and the 489 support.
In the other hand if the price can get over the 200 EMA, R1 and the 748 resistance with enough volume, that could mean the start of a rally targeting the top of the symetrical triangle.
This is just a noob's opinion not a buy/sell recomendation.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.