A potential harmonic pattern (XABCD) is forming with bearish continuation signals.
📊 Key Levels
Resistance: 35,300 – 35,450
Support: 34,100, next at 31,000 (2.24 extension)
Current Price: 34,635 (-1.44%)
📈 Indicators
RSI at 39.38 → bearish momentum
Moving averages trending down
📌 View
Below 34,100 → likely slide toward 32,000 – 31,000
Above 35,400 → relief rally possible toward 37,000 – 38,400
📊 Key Levels
Resistance: 35,300 – 35,450
Support: 34,100, next at 31,000 (2.24 extension)
Current Price: 34,635 (-1.44%)
📈 Indicators
RSI at 39.38 → bearish momentum
Moving averages trending down
📌 View
Below 34,100 → likely slide toward 32,000 – 31,000
Above 35,400 → relief rally possible toward 37,000 – 38,400
Disclaimer
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.
Disclaimer
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.