Weekly Leading Diagonal ?
This has the look of a diagonal (rising). With that assumption,
I have shown estimated target areas. We have reached the 1st,
but if correct, I suspect we will rally, then either retest T1 or
move on down towards T2. Potential short trade coming in
the days ahead.
I have shown estimated target areas. We have reached the 1st,
but if correct, I suspect we will rally, then either retest T1 or
move on down towards T2. Potential short trade coming in
the days ahead.
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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.