In my experience, there's always a third wave before a main trendline breaks, sometimes there would be fake break through.
So, if a fake break through happen, and looks like a selling climax, there's chance to go long.
So, if a fake break through happen, and looks like a selling climax, there's chance to go long.
Note
Wow, this crash is a liitle harder than I thought.The following high volume bars just kills the demand.
The background is swinging now.
Note
Will the trend line support this drop? Quilt a dumping.
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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.