Fallen wedge pattern has developed on hourly timeframe.
We have had breakout of the pattern with gap down and I expect continuation of down move to about 1300 level.
You can use breakout of lower timeframe correction as an entry point.
We have had breakout of the pattern with gap down and I expect continuation of down move to about 1300 level.
You can use breakout of lower timeframe correction as an entry point.
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Pay attention to price action as may reverse at this point.
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Target almost reached.
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