The market was going down for a while now, with few pullbacks on the supporting blue line.
When volumes increased we noticed a strong break of the support. A powerful move not giving anymore room for a short entry.
Market gave us a signal of return to the support line which is now a resistance line.
Line that have seen some past pullbacks, therefore, we look at possibility of pullback or a break of that line for a change of market trend.
When volumes increased we noticed a strong break of the support. A powerful move not giving anymore room for a short entry.
Market gave us a signal of return to the support line which is now a resistance line.
Line that have seen some past pullbacks, therefore, we look at possibility of pullback or a break of that line for a change of market trend.
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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.