Price bounced from support level and break trendline
This is an indication of a reversal.
we look for buy opportunities in this setup.
the price may go down one more time to complete ABCD correction.
we can take a buy entry when price retesting grey area, but make sure price have a good price action when retesting that area.
This is an indication of a reversal.
we look for buy opportunities in this setup.
the price may go down one more time to complete ABCD correction.
we can take a buy entry when price retesting grey area, but make sure price have a good price action when retesting that area.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
Disclaimer
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
Disclaimer
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.