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.
Nota
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 fechado: stop atingido
The horizontal support turned out to be stronger than I thought
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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.