Could we see another massive consolidation trend like our previous run just as we did it 2020-2021? I think this could be a likely scenario if we breakdown and are rejected from the 86-87k zone. If we breakdown this I think will see a rally into the 93-95k zone.
Note
Excuse the grammar rejected from redline will mean a further breakdown and drop back to 76k and possibly 69 areaTrade active
Bullish divergence successfully played Trade closed: target reached
Well this played out nicely, will see some accumulation next few days before another big move!
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.
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.