it can be seen that upon crossing below MA 200, it broke the support with significant volume. 15 minutes, we can see hammer is formed. However if look into 5 minutes.... there is rebound from a certain level of support with volume similar like upon support break.
The question whether this is re-accumulation or cycle of uptrend already finished.... need to be seen...
The question whether this is re-accumulation or cycle of uptrend already finished.... need to be seen...
Trade closed manually
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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.