Neutral?
The price is reaching a Rejection Zone
The price can bounce and go up till the equal higher highs because it's inside a liquidity zone
We could have a Stop Hunt and then a rise of the price till the higher highs
If it continues to drop, it can find support in the reversal zone which is the black line
Wait for further movements and then go with the trend
The price can bounce and go up till the equal higher highs because it's inside a liquidity zone
We could have a Stop Hunt and then a rise of the price till the higher highs
If it continues to drop, it can find support in the reversal zone which is the black line
Wait for further movements and then go with the trend
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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.