Long or short position could be setting up.
I see two potential patterns forming.
1. Long: Inverse Head and Shoulders (orange)
2. Short: Diamond top (purple)
Price also bounced off Daily 20 EMA
I see two potential patterns forming.
1. Long: Inverse Head and Shoulders (orange)
2. Short: Diamond top (purple)
Price also bounced off Daily 20 EMA
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.