With Fake breakout and breakding down neckline, and top has low volume, confirming the weakness and bull trap.
Price is capped at 60 Daily MA, Pink line.
If 1270 breaks, TP1: 1230, TP2: 1180
Price is capped at 60 Daily MA, Pink line.
If 1270 breaks, TP1: 1230, TP2: 1180
Commento:
Still in triangle, volume not confirming, no change from previous analysis
Commento:
Crazy daily actions, but still in triangle trending down, UJ turns bullish, more down coming.
Commento:
more down, 1270-1274 looking for a bounce or breakdown
Commento:
Maybe bounce around the bottom of triangle, if break it will free fall
Trade attivo:
Breakdown, 1230 on deck
Commento:
Not breakdown yet, still holding
Trade attivo:
another try of breaking down, we will see if this triggers
Trade attivo:
Gap down, lets try again
Trade attivo:
Finally broke, 1230!