Long till Rejection
We just had a fakeout so the price will continue to rise probably till the HH zone above
Once the price hits that area, we should wait for a momentum shift or a momentum continuation.
If we have a momentum shift, the target should be the LL zone
If we have a momentum continuation, the target should be the next HH zone
Once the price hits that area, we should wait for a momentum shift or a momentum continuation.
If we have a momentum shift, the target should be the LL zone
If we have a momentum continuation, the target should be the next HH zone
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.