this is a gamble, but it's worth the shot
if the support that just got formed with a double bottom marks a real local bottom
then we could have a nice rally on
MANTA
it is still a gamble as it just got listed and there's not a lot of price action to do analysis
so that's a very early analysis but we'll see how it goes
educational purpose only
nfa
if the support that just got formed with a double bottom marks a real local bottom
then we could have a nice rally on
it is still a gamble as it just got listed and there's not a lot of price action to do analysis
so that's a very early analysis but we'll see how it goes
educational purpose only
nfa
Note
just understand that if it doesn't go above resistance and doesn't do a bullish consolidation above then the p.a is still bearish and could fall and make new lowsTrade active
Price almost reached fvg , I take partial profitTrade closed manually
Price reached fvg as predicted on but then failed to rally so it created higher Lows insteadStructure looks bearish for now
If price bounced on support then I'd would be more interesting for bulls but for now, bears could be winning
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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.