This presents a good setup for bears with a good RR. The next few weeks should be interesting.
Comment
Big bullish hammer can be trouble for bears...
Comment
That hammer did the thing!! Now let's see an if in doubt, stay out.
Comment
Price has gone a bit too high for my liking, plus, after the formation of that hammer, I knew there would be more bulls coming in the market. So I'd say bulls have taken over for now
Comment
Comment
Bulls are indeed in charge. After spotting that big hammer, it was some kind of signal that there were more buyers than sellers.
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.