Looks like correction on bigger timeframe has been completed and trendline has been broken.
I expect another move down either as part of more complex correction or another impulse.
Yoy might want to take that tradeas can be another impulse within 5 waves structure of bigger degree and target is amazing.
Good luck
I expect another move down either as part of more complex correction or another impulse.
Yoy might want to take that tradeas can be another impulse within 5 waves structure of bigger degree and target is amazing.
Good luck
Note
Note
Note
You can sell breakout for short term trade.
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Related publications
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.