break hook and .....waiting on the go right now - But if this isn't a bull trap, and the confirmation candle anyday now becomes an bullish engulfing candle, it's on! 2.7T - oh yeah.
Trend intact.
Good Luck
Note
Very powerful false-breakout and even more powerful rebound of the major support @ 1.77T remaining just below the bullish 2T mark. This could have technical traders on the sidelines waiting for a bear/bull confirmation. As for the long wick, I find that very bullish on price action. Indicators are NOT flashing for the bears.
Note
Bull Trap into a bear trap shake-out? ....Ok....waiting on that now - or a final capitulation to the downside to the measured move of 1.36T - very unlikely.
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.