Top 40 is once again testing our patience...
THe price broke below the M Formation, just to go back up to test an important downtrend level.
We've seen this before with the strong buying price action, before the crash.
So will history repeat itself?
We will only know after the next two or three days.
The price needs to either break up and trick everyone.
Or touch the downtrend and come back down.
The strongest sign we have of downside is lagging indicators
200>21>7... That's the only thing that brings clarity to the markets...
THe price broke below the M Formation, just to go back up to test an important downtrend level.
We've seen this before with the strong buying price action, before the crash.
So will history repeat itself?
We will only know after the next two or three days.
The price needs to either break up and trick everyone.
Or touch the downtrend and come back down.
The strongest sign we have of downside is lagging indicators
200>21>7... That's the only thing that brings clarity to the markets...
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.