In daily and weekly, several signals show that a market reversal is underway (bear market), in particular the crossing of the moving averages and of course the huge drop on May 19.
In small timeframes, technical indicators show that a rebound will surely occur before the decline continues.
This publication is a trend hypothesis.
In small timeframes, technical indicators show that a rebound will surely occur before the decline continues.
This publication is a trend hypothesis.
Note
The rebound is coming, be patient.Trade closed manually
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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.
Related publications
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.