Reason
1. Bear trap. Price dug in to trap the shorts
2. very strong upward move here
If price breaks my level I will be looking for longs back up to 50 area.
1. Bear trap. Price dug in to trap the shorts
2. very strong upward move here
If price breaks my level I will be looking for longs back up to 50 area.
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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.
Related publications
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.