DIS had a recent Triangle Breakout.
Retest Top of Triangle
Trend direction for more downward movement likely but possible bounce support Area at current lvl.
Could be a good opportunity to open a position if we get further signals/ confirmation by breaing down the traingle or bounce as new support here.
- Volume is decreasing
- RSI broke down under 60 lvls
Weekly
https://www.tradingview.com/x/uGTN662H/
Retest Top of Triangle
Trend direction for more downward movement likely but possible bounce support Area at current lvl.
Could be a good opportunity to open a position if we get further signals/ confirmation by breaing down the traingle or bounce as new support here.
- Volume is decreasing
- RSI broke down under 60 lvls
Weekly
https://www.tradingview.com/x/uGTN662H/
Note
Looks like a typical Fakeout.early shorterts rekt. late longs rekt.
back into triangle - testet resistenz
monday will likely be a huuge gap between the candles - volatility incomming
Trade Short with tight SL
Note
market still in deciosion mode .no further confirmation.
watching
Trade active
market could not hold the price above 110.15 .consider market to go further down in the next days.Short @ 110.71
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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.