Been busy reading tea-leaves; so here's a quick hypo of one of the scenarios I'll be looking for. A short-term bullish move that breaks the upper downtrend line into resistance, seeing sideways action until it slides the line a little before continuing a downtrend. TBD, could always see a rando-whale pump.
Trade active
We've arrived at the upper down-trending line beautifully, Macro LONG to 8.1, rejection.
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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.