Still in Range of lowest red candle,50/200 death cross
Algorithm did not provide a close outside of range candle. -> collecting shorts or longs.
Death cross 50/200 in M30 (which is a 50/100 DC in H1) could be a sign for a further correction.
In the backbround you notice the weekly Fib, which starts March 7th Low. Algorithm tested it twice, so it is programmed to consider it.
If the algo is following Fib this would mean a correction down between 42.6 k and 44 k
Death cross 50/200 in M30 (which is a 50/100 DC in H1) could be a sign for a further correction.
In the backbround you notice the weekly Fib, which starts March 7th Low. Algorithm tested it twice, so it is programmed to consider it.
If the algo is following Fib this would mean a correction down between 42.6 k and 44 k
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.