This chart had a failed bearish breakdown which usually dictates more upside.
Since it was defended at support it does favor more upside.
A clear close back below the major Pivot low should be used as a stoploss.
Personally waiting for a pullback in the indices to go long.
Since it was defended at support it does favor more upside.
A clear close back below the major Pivot low should be used as a stoploss.
Personally waiting for a pullback in the indices to go long.
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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.