With a burst of volume, the 1 day chart could have turned the possible "M" into a "W"
*Red line would have been the "M"
*Green line can be the "W"
If the price can rebound now or at the SMA middle point of the BBands, should be good to go. Setting stop loss below the SMA of the BBs
*Red line would have been the "M"
*Green line can be the "W"
If the price can rebound now or at the SMA middle point of the BBands, should be good to go. Setting stop loss below the SMA of the BBs
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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.