BTC | Almost identical impulse and correction
We could easily find 2 up moves and 2 down moves with same price range, !!BUT!! less volume, does it mean, the downtrend is ending?
Quite unlikely, just a long shoot.
Quite unlikely, just a long shoot.
Note
The price didn't go beyond the pressure (orange line), the up trend is vanishing...Trade active
LONG OPENED: 33600Note
A second test with small selling climax, good job CMTrade closed: stop reached
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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.