1. Slight bounce from demand zone
2. Formed a rising wedge and a break down occured, however buying pressure remains consistent.
3. If we were to open a short, would prefer to see the price lose below the mini demand structure.
4. If closes higher above the wedge, we can look to long.
*I am more long biased, given how the breakdown of the wedge was quite weak.
2. Formed a rising wedge and a break down occured, however buying pressure remains consistent.
3. If we were to open a short, would prefer to see the price lose below the mini demand structure.
4. If closes higher above the wedge, we can look to long.
*I am more long biased, given how the breakdown of the wedge was quite weak.
Nota
Seems like breakdown of bear flag failing. Enter long with a small position
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.