Hi traders. weekend is here. time to relax and look back.
They say older people are wiser, since they know what happened in the past, hence they git a wider view.
Weekly chart we can see a great divergence, meaning we should welcome the BEARS are enjoy the downhill ride.
It doesn't mean it will happen on Monday, but bear in mind - it will come sooner then later.
and when the bears will hit, it will be painful.
targets are as always the 0.618% fib retrace.
BUT, we gotta keep respect Daxi, and price action. so looking at daily time frame will be our helping hand.
Enjoy your weekend !
They say older people are wiser, since they know what happened in the past, hence they git a wider view.
Weekly chart we can see a great divergence, meaning we should welcome the BEARS are enjoy the downhill ride.
It doesn't mean it will happen on Monday, but bear in mind - it will come sooner then later.
and when the bears will hit, it will be painful.
targets are as always the 0.618% fib retrace.
BUT, we gotta keep respect Daxi, and price action. so looking at daily time frame will be our helping hand.
Enjoy your weekend !
Note
The Daily Chart is Very Bearish !! A-a, A1-a1, B-b, B1-b1 shows clear BEAR divergence ...
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.