Overall trend bearish trend, should I be looking to short, or area to long, well. This is what I've analyse. Don't get into action or looking for action when you look at the chart. 1st of all, ask yourself what has the market been doing? What is the current trend?
Well, it is a bit tricky for this as overall is bearish and market just show a bull rotation. A bull rotation is the 1st break of the bearish move. It has not have the 2nd break(new structure high) to confirm on a bull run, hence, market is still on a bearish sentiment. However, if market halts at the lower level of sell zone, it may form a inverse head and shoulder, which I'm very interested to get in for a long.
Well, it is a bit tricky for this as overall is bearish and market just show a bull rotation. A bull rotation is the 1st break of the bearish move. It has not have the 2nd break(new structure high) to confirm on a bull run, hence, market is still on a bearish sentiment. However, if market halts at the lower level of sell zone, it may form a inverse head and shoulder, which I'm very interested to get in for a long.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.