PTN at a Crossroads? - Will The Bearish Pressure Continue?
If the support at 0.811 can hold I Am looking for a continuation in the upward channel but a move below that support to 0.75 into consolidation. I do see the bearish engulfing candle forming on the weekly chart and therefore am on the bearish side of this bet.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.