HigherHigh > HigherLow structure is broken.
LowerHigh > LowerLow has formed, so the main trend is Short at present.
Trendline break until it occurs, until then the Long direction is lost.
MovingAverage retest may give strength to another Long trend...
LowerHigh > LowerLow has formed, so the main trend is Short at present.
Trendline break until it occurs, until then the Long direction is lost.
MovingAverage retest may give strength to another Long trend...
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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.