Very bearish day! Hope you managed to get some profits out of it!
Price is at support now, but it just might go a little lower still. It will be choppy all the way down though.
If you're a short term trader, then you can look at the 5 or 15min charts. Make sure there's some kind of reversal chart pattern (like double/ triple bottom / inverted H&S) formed at the 5min before taking a Buy trade.
Trade safely & NEVER risk more than you should!
Price is at support now, but it just might go a little lower still. It will be choppy all the way down though.
If you're a short term trader, then you can look at the 5 or 15min charts. Make sure there's some kind of reversal chart pattern (like double/ triple bottom / inverted H&S) formed at the 5min before taking a Buy trade.
Trade safely & NEVER risk more than you should!
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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.