I know the fundamentals are not looking so good, but the news is bad, and there are heavier volume which looks like a Selling Climax in action. While I have it moving a bit lower, I will be looking for opportunities to take it long with a nice R:R factor.
Note
Ok, so like I said before, the fundes are looking ugly, but we are in that area we’re we are starting to see accumulating, 4hr is starting to show possible signs of the Primary Support, now we watch for the testing phase.
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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.