Strong upward trend.
I like the correction, which shows signs of buyers defending the price area as another down retracement seems not to succeed in coming down to previous low.
Downward trendline provides support.
Buying into correction.
Both TP are relatively conservatively chosen, however, downward gap shows some weakness.
I like the correction, which shows signs of buyers defending the price area as another down retracement seems not to succeed in coming down to previous low.
Downward trendline provides support.
Buying into correction.
Both TP are relatively conservatively chosen, however, downward gap shows some weakness.
Trade 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.