Let's see if it will respect it or not. It has been tested multiple times, but the overall trend is to the upside.
It might be just a long restest before continuing long (because of uncertainty in the markets), or a sign of a weaker price, and then a break to the downside. So let's see...
I am opening a starter position long in case of a bounce.
It might be just a long restest before continuing long (because of uncertainty in the markets), or a sign of a weaker price, and then a break to the downside. So let's see...
I am opening a starter position long in case of a bounce.
Order cancelled
This trend line was the wrong one... here is a picture of the correct one where it broke and then retested; this might be the beginning of the recession that everybody is talking about... :)
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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.