A fairly simple trade idea based on the breakout of ascending trendline signaling a probable impulsive move down.
It remains to be seen whether such trendline breakout is a trend reversal or just a retracement of the current bullish wave.
It remains to be seen whether such trendline breakout is a trend reversal or just a retracement of the current bullish wave.
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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.