In 4 days, BAKE successfully broke 2 triangle and made it way to the new ATH 2 times.
ATM, the gains shrink and on its way to correction.
The lowest fib, have reached to the lowest level in between 5 and 618.
We can see clearly, that BAKE rn are forming the isoceles triangle.
The probabilities for the future trends, are approximately on 50:50 down and uptrend.
Further closing candles as clue is needed.
Also, please mind the nearest S/R at 7.4118
Short Forecast
1. Down trend, to fib 618.
2. Gain to nearest S/R
3. Potentially downtrend
ATM, the gains shrink and on its way to correction.
The lowest fib, have reached to the lowest level in between 5 and 618.
We can see clearly, that BAKE rn are forming the isoceles triangle.
The probabilities for the future trends, are approximately on 50:50 down and uptrend.
Further closing candles as clue is needed.
Also, please mind the nearest S/R at 7.4118
Short Forecast
1. Down trend, to fib 618.
2. Gain to nearest S/R
3. Potentially downtrend