We’ve reached the lower boundary—whether this marks the start of a prolonged sell-off or a rebound point doesn’t matter right now. In the next couple of weeks, we’ll trade higher before the true extent of the damage becomes clear. This is a good spot to start buying the market.
Trade active
Tell me, is this the 101st random coincidence of the market bouncing off the lower boundary of our correction indicator?📉✊📈
Now, all those who listened to the idea of buying the market dip are already in profit, and they don’t really care where the market goes next—up, down, sideways, or in circles. They simply have room to maneuver. They can set a stop-loss at breakeven for their open positions and just watch where this market heads.
Good luck with your trading, everyone.
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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.
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.