F has been in a weekly corrective downtrend for the last 4 years. We finally broke the A wave low. Many analysts consider this a "strong sell". Now will crowd psychology think this price is a bargain and start buying? WIll the funds do the same thing?Time will definitely tell! Personally I will be looking for any chance to go long, as long as there is a valid setup. There is a buy setup brewing on the 15 min chart.
Will this be the start to the upside, or do we have some more room to go down?
What do you think?
Thanks for looking, trade responsibly!
Note
Note
Appears we're getting a buy setup. Maybe this ends up making a correction to make more pulses down, we will find out soon enough!Note
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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.