2017-05-03:
Trend is bullish, no break below/close below previous structure low. Current structure High is lower then previous structure High - indicating a phase of consolidation. This looks like a Triangle formation or pennant in the making.
Long Term trend (D1) remains Bearish, but supports the consolidation we're in right now. Recommend wait and watch.
Trend is bullish, no break below/close below previous structure low. Current structure High is lower then previous structure High - indicating a phase of consolidation. This looks like a Triangle formation or pennant in the making.
Long Term trend (D1) remains Bearish, but supports the consolidation we're in right now. Recommend wait and watch.
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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.