1. Price was trengin up last few days.
2. Price started slow down provide number of selling pressure
Possible outcomes:
Case 1: If price broke the trendline, and find support to the recent support, it might go up retest the upper resistance zone.
Case 2: If price broke below the recent support, it could possible retest the recent support as resistance, look for rejections wicks for sell opportunities
2. Price started slow down provide number of selling pressure
Possible outcomes:
Case 1: If price broke the trendline, and find support to the recent support, it might go up retest the upper resistance zone.
Case 2: If price broke below the recent support, it could possible retest the recent support as resistance, look for rejections wicks for sell opportunities
Order cancelled
Idea cancelled, price gone to far away.
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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.