A steep yet obvious consolidation after a break out of the higher time frame trend line. A possible buy opportunity. Risk reward ratio may not be as fantastic as usual with trend continuation but some may still go for it.
Note
We saw a breaking downward of the smaller time frame, currently holding a position on that.Note
Note
And more potential selling opportunity, see lower 1 hour time frame:
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.