Broke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up 👍.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up 👍.
Broker I use: Vantage ✨
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Broker I use: Vantage ✨
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
vigco.co/la-com-inv/8g5DVv78
Private Group | $50/month 💡
Contact | t.me/ThinkFastTrading
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.