Did we miss judge or is this a fake breakout
I've added the Fibonaci here, since the bounce seems to not happen as fast or aggressive as anticipated! - We are lacking momentum...
This could be a bearish sudden sign, though I do sense a cup and handle, which should also indicate a bullish trend, or at least a sleeping giant move...
The fibonaci is my last ressort to believe that we still can hold our long position... if we fall through fibonaci lvl 50%, prepare for some scalping, in the name of SHORT! and trigger your stop loss. Untill a more trending pattern occurs this could mean we are going further down. :)
This could be a bearish sudden sign, though I do sense a cup and handle, which should also indicate a bullish trend, or at least a sleeping giant move...
The fibonaci is my last ressort to believe that we still can hold our long position... if we fall through fibonaci lvl 50%, prepare for some scalping, in the name of SHORT! and trigger your stop loss. Untill a more trending pattern occurs this could mean we are going further down. :)
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Clause de non-responsabilité
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.