We can clearly see, the short trend should be at its end!
The strong S/R has been broken, and should now be an good support again. So I will wait for the pullback, and then enter my position if price bounces of that support.
Seems to be a good chance, but as always, be carful who you trust and make your own analysis!
Safe trendfollowing to you then!
The strong S/R has been broken, and should now be an good support again. So I will wait for the pullback, and then enter my position if price bounces of that support.
Seems to be a good chance, but as always, be carful who you trust and make your own analysis!
Safe trendfollowing to you then!
Note
pulls back right now, but I am sure it will break the resistance again
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Free Trading Education:
discord.gg/EQmck5aU
discord.gg/EQmck5aU
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.