Bounce or die I should say, I am more inclined to think that the dip will continue because of the volume profile shape.
To reach the next demand zone will be necessary a 65% dip IMO and it could take months to reach it.
Let's see if we bounce from this trendline or not,
To reach the next demand zone will be necessary a 65% dip IMO and it could take months to reach it.
Let's see if we bounce from this trendline or not,
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.