Last week, we finished the week out a massive bearish candle,
showing us a heavy presence of sellers. On the lower timeframe, we
seeing a range and acccumulation where price could break out to the
upside, tap into the descending trendline and then continue down. we
could capitalize on both moves where we go long on the breakout and then
capitalize on the short which our ultimate goal. This could pay off big but we have to be
patience. Overall, i am bearish.
showing us a heavy presence of sellers. On the lower timeframe, we
seeing a range and acccumulation where price could break out to the
upside, tap into the descending trendline and then continue down. we
could capitalize on both moves where we go long on the breakout and then
capitalize on the short which our ultimate goal. This could pay off big but we have to be
patience. Overall, i am bearish.
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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.