looking for potential buy opportunities if price breaks above the previous high; anything below that, the market could still go down.
If you note the EU has been making lower lows for a while now, trying to buy this long-term would be trying to catch a falling knife- maybe for short-term buys, yes. The market is still in a 4th wave correction, and it doesn't show any signs of completion anytime soon, so let's just watch for now.
If you note the EU has been making lower lows for a while now, trying to buy this long-term would be trying to catch a falling knife- maybe for short-term buys, yes. The market is still in a 4th wave correction, and it doesn't show any signs of completion anytime soon, so let's just watch for now.
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.
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.