Going Down to finish the triangle.. Daily MACD dictates!
MACD has crossed over on the Daily chart, and bounced off the long term pressure line.. Have a look on the MACD.. it's quite self explanatory..
Volume indicates some trend changes on the time line (red/green spotted lines) they corelate with the pattern on MACD and furthermore confirm the triangle pattern.
I marked HnS pattern which is currently finishing the head phase..that should bring us down to 7k level .. a good place to open a long position..
My target as a result of the triangle pattern 12.8k..
Volume indicates some trend changes on the time line (red/green spotted lines) they corelate with the pattern on MACD and furthermore confirm the triangle pattern.
I marked HnS pattern which is currently finishing the head phase..that should bring us down to 7k level .. a good place to open a long position..
My target as a result of the triangle pattern 12.8k..
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