The squeeze between the two trendlines makes me anticipate some bullish pressure. Big Guns are taking profits or initiating a new trend?
Based on past price, I'm expecting a retest of the highs.
A break or rejection of that supply level will determine how I place my positions.
break=buys
rejection=sells
Based on past price, I'm expecting a retest of the highs.
A break or rejection of that supply level will determine how I place my positions.
break=buys
rejection=sells
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.