Transition from Bear to TR.
Recent long wick Bear bar shows failed Bear breakout. Expecting Bull trend in higher than 50% chance market.
Bull need to break above resistance with good follow through bar for swing trade.
Recent long wick Bear bar shows failed Bear breakout. Expecting Bull trend in higher than 50% chance market.
Bull need to break above resistance with good follow through bar for swing trade.
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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.