Due to the descending nature of recent move.
Creating Lower Swing Points we can conclude that the short downtrend can occure.
Volume can posses great significance in finding the good pullback opportunities.
Here we can see the top of candle with higher than average volume in immediate past.
Even the full number of price near.
We can look for the bounce from there downside to retest the recent bottom.
We shall see.
Creating Lower Swing Points we can conclude that the short downtrend can occure.
Volume can posses great significance in finding the good pullback opportunities.
Here we can see the top of candle with higher than average volume in immediate past.
Even the full number of price near.
We can look for the bounce from there downside to retest the recent bottom.
We shall see.
Trade closed: stop reached
Well, not now.
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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.