PARLO
Updated
No huge dumping of shares yet, am expecting Parlo to test recent support before reaching 0.595, we'll see. Am using 1 hour chart to find solid structure. Am using no indicators. * volume is the key
Could fail if :
*there is a huge dumping of shares
*no reversal candle supported with big volumes ( could be reversal or huge retracement )
*no interference of political matters
*no interference of other systemic factors
Could fail if :
*there is a huge dumping of shares
*no reversal candle supported with big volumes ( could be reversal or huge retracement )
*no interference of political matters
*no interference of other systemic factors
Note
RETYPECould fail if :
*there is a huge dumping of shares
*there is a reversal candle ( huge supply wig with big volumes) supported with big volumes ( could be reversal or huge retracement )
*there is interference of political matters
*there is interference of other systemic factors (Covid. etc)
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.