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After previous trend break, price tried to rally but was halted by the 200 ma, and high were getting lower and low getting lower, only issue is, we're in phase 2, the shorter up phase before the longer down phase.
Wait for the setup, when daily closes as red, 4h closes as red, that's the time to find an entry.
After previous trend break, price tried to rally but was halted by the 200 ma, and high were getting lower and low getting lower, only issue is, we're in phase 2, the shorter up phase before the longer down phase.
Wait for the setup, when daily closes as red, 4h closes as red, that's the time to find an entry.
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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.
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.