View from a bigger picture shows why...
two trendline breaks
ascending trendline offering resistance
Lower highs
EMA 50 also turning into resistance on lower timeframes
two trendline breaks
ascending trendline offering resistance
Lower highs
EMA 50 also turning into resistance on lower timeframes
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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.
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.