The 4 hour chart shows a symmetrical pattern of triangles which usually means the congestion pattern is nearing the end of its life and a breakout is coming soon.
It could go either way, I am hoping it's up but if it turns out to be down I am going to be looking get out of my long and start looking at shorts.
The 4 hour TD sequential count is almost to 9 and is on a red count which means it could definitely break upward very strongly from here.
It could go either way, I am hoping it's up but if it turns out to be down I am going to be looking get out of my long and start looking at shorts.
The 4 hour TD sequential count is almost to 9 and is on a red count which means it could definitely break upward very strongly from here.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.