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ARCH Reversal Consolidation Outside Downtrend
3 Scenarios for ARCH exist, shown by 3 yellow arrows.
In third scenario (most bearish) it takes ARCH quite a while to finally unwind its negativity, and you see a sort of chart similar to GRT. Sometimes these consolidations take a long time.
I have set alerts to buy here on the smaller most recent downtrend break. Right now the white dashed line support was broken so in the very near term its still bearish.
In third scenario (most bearish) it takes ARCH quite a while to finally unwind its negativity, and you see a sort of chart similar to GRT. Sometimes these consolidations take a long time.
I have set alerts to buy here on the smaller most recent downtrend break. Right now the white dashed line support was broken so in the very near term its still bearish.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.