As seen on the chart, a rounding top is in the making, which could signify a possible trend reversal.
Personally, I like seeing rounding top or bottom patterns on a chart.
Price has also broken off the trench and therefore I will look to short on retrace.
Personally, I like seeing rounding top or bottom patterns on a chart.
Price has also broken off the trench and therefore I will look to short on retrace.
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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.