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
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.