Current situation on my view: Short term bearish trend ended, bullish trend may continue.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Note
Breakout trendline, longterm downtrend may continue, wait for pull back to enter tradeTrade closed: stop reached
Traped
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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.