As you can see the 4 Hour trendline is respected to a T.
The fact that recent bullish correction was abruptly stopped with a significant sell off followed means that selling pressure is above the average. It will be tested on Monday September 30th when geopolitical tensions in the Middle East will be absorbed by the market.
The fact that recent bullish correction was abruptly stopped with a significant sell off followed means that selling pressure is above the average. It will be tested on Monday September 30th when geopolitical tensions in the Middle East will be absorbed by the market.
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.