Price is currently moving bearish in a potential retracement for a bullish extension. I would look for price to re-test the marked region before potentially moving bullish.
Once price gets to that region, I will assess momentum and position accordingly.
Once price gets to that region, I will assess momentum and position accordingly.
Trade active
Buy limit activated.Trade active
Stop loss moved to break evenTrade closed manually
Profit taken, trade closed out.
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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.