We have DOW theory at play here. Lower lows, and lower highs along a trend.
We definitely look to see a major W formation coming in on this market.
I suspected until the wedge is near completion (with a break to the downside) rapid scalps to the 50 MA will make quick profits.
We definitely look to see a major W formation coming in on this market.
I suspected until the wedge is near completion (with a break to the downside) rapid scalps to the 50 MA will make quick profits.
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.
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.