I'm expecting price to bounce off the trendlind and make one more downward movement before shooting up and breaking the trend line.
If price bounces off trendline and consolidates, it would be a good and sure short term sell, followed by a good and sure long term buy.
If price bounces off trendline and consolidates, it would be a good and sure short term sell, followed by a good and sure long term buy.
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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.