Trendline Break and Weak Retest Hint at Deeper Pullback

vor 3 Tagen

I believe the market is currently forming a classic 1-2-3 pattern along the trendline. The price has already broken below the rising trendline, and the subsequent pullback failed to reclaim the previous high, which strengthens the bearish signal. If this structure continues to play out, the next step will likely be a clean break of the neckline, confirming a potential trend reversal. After the neckline is breached, the market may experience a short period of consolidation or a multi-day pullback before choosing its next direction.

vor 3 Tagen

Trade ist aktiv

Trading range.

vorgestern

Trade wurde manuell geschlossen

Failed neckline breakout.