In 4 days, BAKE successfully broke 2 triangle and made it way to the new ATH 2 times. ATM, the gains shrink and on its way to correction. The lowest fib, have reached to the lowest level in between 5 and 618. We can see clearly, that BAKE rn are forming the isoceles triangle. The probabilities for the future trends, are approximately on 50:50 down and uptrend. Further closing candles as clue is needed. Also, please mind the nearest S/R at 7.4118
Short Forecast 1. Down trend, to fib 618. 2. Gain to nearest S/R 3. Potentially downtrend