Are we in down trend? No, we are not!
You may ask why? Look at the left of chart. There I see huge bar bay with high volume.
Only if lowest point of that bar will be broken down price will be in down trend.
Now I expect ranging between 55,60-57,60.
You may ask why? Look at the left of chart. There I see huge bar bay with high volume.
Only if lowest point of that bar will be broken down price will be in down trend.
Now I expect ranging between 55,60-57,60.
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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.