Momentum is Slowly Building
Momentum is slowly building in this market towards a breakout.
Whilst a breakout higher would be favorable as it would be inline with the overall higher time frame uptrend, I will be watching the price action for any major breakouts.
If price ends up breaking lower, the smaller time frames could provide a lot of trading opportunities for both straight breakouts and breakout and re-test trades. These could also be very high reward trades as price has a lot of room to fall lower into.
Whilst a breakout higher would be favorable as it would be inline with the overall higher time frame uptrend, I will be watching the price action for any major breakouts.
If price ends up breaking lower, the smaller time frames could provide a lot of trading opportunities for both straight breakouts and breakout and re-test trades. These could also be very high reward trades as price has a lot of room to fall lower into.
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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.
Publications connexes
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.