Perfect model. Self explanatory.
Just shot out of consolidation, Still, I'm not rushing in yet. Waiting for the "Test".
Just shot out of consolidation, Still, I'm not rushing in yet. Waiting for the "Test".
Note
It would have to bounce off above the downtrend line to confirm the break out. Instead, it dipped back below it. Conclusion...FAIL TEST !
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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.