Big 6.23RR short entry prediction
Price broke the trendline with a lot of aggression, and the price has faded from its upward momentum.
Looking for a "perfect" entry if it tries to retest for a second time the blue trendline.
Taking it all the way down to the next area where there will be a lot of buyers.
Here is the trade from the Daily:
It might just continue upwards, but if it breaks the red trendline, there will be aggressive shorts entering the market.
Looking for a "perfect" entry if it tries to retest for a second time the blue trendline.
Taking it all the way down to the next area where there will be a lot of buyers.
Here is the trade from the Daily:
It might just continue upwards, but if it breaks the red trendline, there will be aggressive shorts entering the market.
Note
Here I am showing how the bullish pennant (triangle) has broken upwards but is being reluctant from continuing its upward momentum (because it went after in a consolidation phase).Trade fermée: ordre d’arrêt atteint
The horizontal support turned out to be stronger than I thought
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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.