And you CAN see price has been rejected several times below the highlighted trendline and not been able to break free from this ranging movement inside this box. 🕯
We believe this is the last time price is going to visit the bottom of this ranging zone. Either we will get a weak reaction, which is going to lead into further dump or a strong reaction which is going to bring more momentum to break out of this hellish range zone. 🎮
So it all depends on the reaction we get at the highlighted green circle. So let's watch it carefully. 👀
We believe this is the last time price is going to visit the bottom of this ranging zone. Either we will get a weak reaction, which is going to lead into further dump or a strong reaction which is going to bring more momentum to break out of this hellish range zone. 🎮
So it all depends on the reaction we get at the highlighted green circle. So let's watch it carefully. 👀
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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.