UR posted as short earlier this week has performed accordingly and has provided an opportunity
for the second phase- long of the trade to come into play.
Price has formed a double bottom in the process with an irregular neckline. It has broken above
the neckline and is retesting.
I hope You enjoy this analysis. Please stay tuned for updates for this chart that will be posted
below as time goes on. Thank you.
for the second phase- long of the trade to come into play.
Price has formed a double bottom in the process with an irregular neckline. It has broken above
the neckline and is retesting.
I hope You enjoy this analysis. Please stay tuned for updates for this chart that will be posted
below as time goes on. Thank you.
Trade closed: stop reached
Market opened with a gap to the downside and hit my SL. It was set too tightly. Price still has the potential of heading up.
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.