OBSERVATION
Typical uptrend after a long downtrend behaviour:
1) Uptrend halted by a blow-off top
2) Upwards channel
>> Bears are stubborn and shorting
3) Long shakeout
>> Bears euphoric
4) Break out
Let's see if she unfolds another time!
Typical uptrend after a long downtrend behaviour:
1) Uptrend halted by a blow-off top
2) Upwards channel
>> Bears are stubborn and shorting
3) Long shakeout
>> Bears euphoric
4) Break out
Let's see if she unfolds another time!
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.
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.