NIO | Pullback Happened, What's Next?

624
In my previous post I mentioned that a pullback was soon to happen. We saw price shoot higher in anticipation for delivery numbers. Now that the pullback has happened I think there will be two possible outcomes. If the price rises but does not make a new high, I consider that a break of structure and I would be looking for a short position. However, if price continues to drop further into my imbalance area, I will be looking for a buy entry. Once levels have risen/fell to my key areas, I will update this post.

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.