...down again?
hmmm....
As we can see the lower centerline was allready reached.
If price can work it's way above the upsloping centerline, then we are going much high, potentially above the GAP.
But if price will be rejected at the centerline, then a new low or a second touch of the downsloping centerline is highly possible.
P!
Learn this stuff for free at: mytradingcoach.teachable.com/
hmmm....
As we can see the lower centerline was allready reached.
If price can work it's way above the upsloping centerline, then we are going much high, potentially above the GAP.
But if price will be rejected at the centerline, then a new low or a second touch of the downsloping centerline is highly possible.
P!
Learn this stuff for free at: mytradingcoach.teachable.com/
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
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.