DRAX broken out of a bullish triangle this week. Bearish in my book. Expect retest at around 548.
PS: This could also be a false breakout.
This is not a recommendation to trade. Do your own research and make your own decisions.
PS: This could also be a false breakout.
This is not a recommendation to trade. Do your own research and make your own decisions.
Note
No retest. Elevator went straight down.Note
and then back up from DecemberNote
Not bearish now
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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.