Hi Traders!
The market was in an Uptrend, but it is now turning into a Downtrend.
As you can see we here have a bullish Parallel Channel.
The lower side of the Parallel Channel is also a daily Trendline.
This Trendline just got broken.
Now the market pulled back after the Breakout.
Beside the breakout, something important occurs too:
The lower low.
Now, the market is in a Pullback and if you consider the last top as a High, then it is a Lower High.
A possible entry would be the Break of the dashed Trendline.
Thanks and successful Trading :-)!
The market was in an Uptrend, but it is now turning into a Downtrend.
As you can see we here have a bullish Parallel Channel.
The lower side of the Parallel Channel is also a daily Trendline.
This Trendline just got broken.
Now the market pulled back after the Breakout.
Beside the breakout, something important occurs too:
The lower low.
Now, the market is in a Pullback and if you consider the last top as a High, then it is a Lower High.
A possible entry would be the Break of the dashed Trendline.
Thanks and successful Trading :-)!
Not
Here is another confirmation for the bearish Movement:We have a MACD Divergence!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.