my bias is that price will go down. lets see how this plays out.
I have 3 break outs here
break out 1 is my 1st acending trendline.(short term)
breakout 2 is my support area
breakout 3 is my acending trendline (long term)
I will be waiting for another breakout of my resistance area to go short.
I have 3 break outs here
break out 1 is my 1st acending trendline.(short term)
breakout 2 is my support area
breakout 3 is my acending trendline (long term)
I will be waiting for another breakout of my resistance area to go short.
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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.