Possible confirmation to the upside after price fails to break support.
Higher low on Daily could work as a good long setup
Wait for the market to breakout of the down trendline illustrated in stronger blue.
WATCH OUT!
- There is still bearish momentum! The market could make a double bottom on lower support area illustrated in orange, before bouncing to the upside.
--
Best of luck
Felipe
Higher low on Daily could work as a good long setup
Wait for the market to breakout of the down trendline illustrated in stronger blue.
WATCH OUT!
- There is still bearish momentum! The market could make a double bottom on lower support area illustrated in orange, before bouncing to the upside.
--
Best of luck
Felipe
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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.