Hi guys!
It seems we had a false breakout. We did not have enough volume to push the price higher.
Reversed hammer/shooting star is forming = strong reversal sign.
Closing below mid-term downtrend daily means we are still bearish.
First target is 9.3k, our previous low.
It seems we had a false breakout. We did not have enough volume to push the price higher.
Reversed hammer/shooting star is forming = strong reversal sign.
Closing below mid-term downtrend daily means we are still bearish.
First target is 9.3k, our previous low.
Note
Head and shoulders formed on 15 min chart.
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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.
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.