Short term bearish, however it is simply setting up for its next upward move supported by the MA line
I think the ascending scallop will break down
"The scallop looks like the right half of an umbrella" A small decline after the scallop breaks down is expected followed by a large rise.
I think the ascending scallop will break down
"The scallop looks like the right half of an umbrella" A small decline after the scallop breaks down is expected followed by a large rise.
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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.