The price has formed a rising wedge. We expect the price to breakout below wedge and continue the bearish momentum. We are looking for a 38% of the Fibonacci retracement. After the price reached its target, move the s&l to the entry point.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.