Not sure that this chart has had enough bullish consolidations on the way up. Day 1 of the new weekly candle has already created a massive -35% reversal candle.
Yikes. Usually when you have this kind of run-up, the path of least resistance is all the way back down to where it started.
Yikes. Usually when you have this kind of run-up, the path of least resistance is all the way back down to where it started.
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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.