Hi everyone,
wish y'all have a profitable life. 🕊
📍 As we have the TOTAL2 chart here, I personally think about a new cycle on the rise. The previous cycles have already been finished through 0-1 ; 1-2 corrections.
📍 We had an extremely important resistance line above the TOTAL 2 chart which held the further rise. However, we may have already finished the smaller correction and see a new cycle.
📍 I wait for the re-test of the resistance high or the pullback to the trend line.
THIS IS NOT A FINANCIAL ADVICE
wish y'all have a profitable life. 🕊
📍 As we have the TOTAL2 chart here, I personally think about a new cycle on the rise. The previous cycles have already been finished through 0-1 ; 1-2 corrections.
📍 We had an extremely important resistance line above the TOTAL 2 chart which held the further rise. However, we may have already finished the smaller correction and see a new cycle.
📍 I wait for the re-test of the resistance high or the pullback to the trend line.
THIS IS NOT A FINANCIAL ADVICE
Note
We have two scenarios for this new cycle.
Trade active
TOTAL2 chart is still in a good position, pullbacked to its ATH. We may start a new cycle if this line is heldTrade active
TOTAL 2 looking very complicated right now
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.