Hi everyone.
As long as weekly / daily bars do not close under the blue line , I believe monthly swing is valid and we may see higher prices .
Anyway, even though it may be the swing low for the next months , do not trade against the trend in the smaller time frame.
Best of luck :-)
As long as weekly / daily bars do not close under the blue line , I believe monthly swing is valid and we may see higher prices .
Anyway, even though it may be the swing low for the next months , do not trade against the trend in the smaller time frame.
Best of luck :-)
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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.