Price made a TR with signs of strength, las down swing has been with diminished volume so I'm expecting this is a phase C of a re-accumulation.
let's see if price breaks the channel and wait for a successful test of the support line on the TR
let's see if price breaks the channel and wait for a successful test of the support line on the TR
Note
If prices doesn't beak the channel, except lower pricesOrder cancelled
Ok, price is not doing what I was expecting so lower prices are more probable at this moment, I will stay out of any long position if price doesn't break the trend line
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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.