Observation:
Nothings can tell me if the momentum has stopped its race for now:
- No tendency change for major trends (rope).
- Planty trends and/or clouds to support price drope tendency.
- Volume is still green in daily on the resultant.
- Waves pattern is acceptable for a round 2.
=> Clearly, it's a green light for the price to continue to build up in term of daily indicator (market sentiment it's an other story :p)
=> If the things finally turn south and you want to try a short, keep the red trend in mind. It's your last border reference before a bull/bear flippening after daily closure. This trend had been retested 3 times before the previous 2017 bull run.
Gl
Nothings can tell me if the momentum has stopped its race for now:
- No tendency change for major trends (rope).
- Planty trends and/or clouds to support price drope tendency.
- Volume is still green in daily on the resultant.
- Waves pattern is acceptable for a round 2.
=> Clearly, it's a green light for the price to continue to build up in term of daily indicator (market sentiment it's an other story :p)
=> If the things finally turn south and you want to try a short, keep the red trend in mind. It's your last border reference before a bull/bear flippening after daily closure. This trend had been retested 3 times before the previous 2017 bull run.
Gl
Note
Note
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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.