Because we are deviating off a standard V recovery we are looking at a giant formation of W coming in. This trend has already bent flat and lost momentum.
Possibly expect something like what is on the chart. Do note the current trade range - a break above can be a fake out top..
Possibly expect something like what is on the chart. Do note the current trade range - a break above can be a fake out top..
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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.