Whenever a sharp down trend forming after a long sideways move, One might think that this is being done purposfully to hit the stop losses. But obviously no.
Whenever the sideway move forms after an impulsive move. Its worth to test the upper move is arrested or not. hence, Once again testing peak again, Normally this will take the move much more upwards when the trend succeeds.
On the Other hand when it fails, it will take the sharp reversal and might continue for the quite some time.
Whenever the sideway move forms after an impulsive move. Its worth to test the upper move is arrested or not. hence, Once again testing peak again, Normally this will take the move much more upwards when the trend succeeds.
On the Other hand when it fails, it will take the sharp reversal and might continue for the quite some time.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.