That's a good question, what comes next? Few days ago I've shared the possible price movement and it happened almost as expected but today's movement below the support line and being rejected back to the session start pit makes me be cautious on the next move.
In such cases I hold positions and let it run a bit to follow market decision. Current hammer-like candle on the downtrend is quite a bullish signal.
Pause, observe and decide later.
Cheers.
In such cases I hold positions and let it run a bit to follow market decision. Current hammer-like candle on the downtrend is quite a bullish signal.
Pause, observe and decide later.
Cheers.
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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.