Following previous analysis, TOTAL2 dumped and moved towards the lower trendline.
Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it.
TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the previous drop, so it's possible to see another dump in the market over the next couple of days.
Although the trendline got broken, 12H candles closed on the trendline so the mentioned trendline is still valid but 4H analysis suggests that TOTAL2 is probably gonna cross below it.
TOTAL2 is facing the combined resistance of blue descending trendline and 0.618 Fib ret. of the previous drop, so it's possible to see another dump in the market over the next couple of days.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.