I'm liking the look of the recovery at the moment but when I am feeling confident I will ALWAYS check to see how things can turn against me. Likewise when I am feeling bearish I will always be looking for when things can reverse. This helps to prevent you from getting blinded by emotion. Always see both sides of the story.
We have an interesting pattern here which could develop into something bigger. It's worth keeping an eye on and preparing for this as a potential outcome. If we break out of this pattern then I'll be very confident, the blue trend line to me is the key resistance and we are closing in on it.
We have an interesting pattern here which could develop into something bigger. It's worth keeping an eye on and preparing for this as a potential outcome. If we break out of this pattern then I'll be very confident, the blue trend line to me is the key resistance and we are closing in on it.
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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.