I don't know yet. There is a big open window above us. It means that there was a big bearish momentum but it has been neutralized yesterday already. The harami today is indicating that this may become an Island Reversal with some upward potential.
Whether this will become a real retracement of the April rise is not sure of course but a close of the window is possible anyway.
Whether this will become a real retracement of the April rise is not sure of course but a close of the window is possible anyway.
Trade active
Hedging! I am hedging the position now to save the profit accrued and maintain the chance of further gains.
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.