Conversely, picking up where I left it for the bullish scenario ...
in case the price closes this month below the well established threshold resistance zone, that would entail:
1. the formation of a shooting star candle
2. at the top of an uptrending
3. overbought asset
... and that would also entail the formation of a badass bearish set up, known for producing some damages ....
a fake breakout.
in case the price closes this month below the well established threshold resistance zone, that would entail:
1. the formation of a shooting star candle
2. at the top of an uptrending
3. overbought asset
... and that would also entail the formation of a badass bearish set up, known for producing some damages ....
a fake breakout.
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Related publications
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.