The bad:
Not so much volume for the breakout.
So now back below the trendline.
The good:
Price within a local ascending channel.
Got rejected by the lower side of it.
If we close under the blue line it means a LL Thumbs down.
There is a scenario where we might have the 3rd leg up
Not so much volume for the breakout.
So now back below the trendline.
The good:
Price within a local ascending channel.
Got rejected by the lower side of it.
If we close under the blue line it means a LL Thumbs down.
There is a scenario where we might have the 3rd leg up
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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.