Similar environment and underlying structure to bonds just recently posted.
1. Volume spike on recent high
2. Failed breakout above previous high - bull trap
3. Divergence on slow line of 3/10 oscillator
Interesting to see how this plays out.
1. Volume spike on recent high
2. Failed breakout above previous high - bull trap
3. Divergence on slow line of 3/10 oscillator
Interesting to see how this plays out.
Note
Not considered a failure yet. See what happens over the next day or two.
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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.