UPTREND: last day price make a very aggressive uptrend and break the strong support, I assume the price is still strong for the uptrend but it will make a consolidation before the price make a continuation for uptrend
DOWNTREND: price make a downtrend channel pattern, and the price was stopped at a strong resistance area and downtrend channel pattern resistance line, wich is it means downtrend will happend
DOWNTREND: price make a downtrend channel pattern, and the price was stopped at a strong resistance area and downtrend channel pattern resistance line, wich is it means downtrend will happend
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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.