Daily Analysis.
We are seeing a Bearish-3-drives pattern which indicated a short movement.
Elliot's wave (12345) theory has been spotted thus indicating a reversal on the upward movement.
The support trend-line broke to the downside and had a little pullback.
A bearish engulfing candle has been spotted giving us a short signal.
This analysis has been inspired by JayGeehhh. Make sure u check his profile for more trading analysis.
www.tradingview.com/u/JayGeehhh/
Remember to apply Proper Risk management.
We are seeing a Bearish-3-drives pattern which indicated a short movement.
Elliot's wave (12345) theory has been spotted thus indicating a reversal on the upward movement.
The support trend-line broke to the downside and had a little pullback.
A bearish engulfing candle has been spotted giving us a short signal.
This analysis has been inspired by JayGeehhh. Make sure u check his profile for more trading analysis.
www.tradingview.com/u/JayGeehhh/
Remember to apply Proper Risk management.