It has given a fresh breakdown in hourly time frame which suggest a retest of 500 and then 460. View would be negated above 555
Note
It is at the prz of a bullish reciprocal AB=CD in lower tf. "IF" it manages to reverse the throwback could face resistance at 530/545Note
1st level achievedNote
The trail from 1st level bounce back has been hit, will review further bearishness between 535-540. It still has not given a bullish signal.Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
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Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
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.