False breakdown from the triangle. Breaking last week's lows and a rally back into the triangle.
This is the recipe for a nice beartrap.
I think a lot of retail bear is back in the game with shorts today. So it's time to fleece them.
If we break above today's high in the night we will have the chance to break out of the triangle and print that daily cycle high at 1400$.
We are getting late in this daily cycle we should print the DCH this week.
This is the recipe for a nice beartrap.
I think a lot of retail bear is back in the game with shorts today. So it's time to fleece them.
If we break above today's high in the night we will have the chance to break out of the triangle and print that daily cycle high at 1400$.
We are getting late in this daily cycle we should print the DCH this week.
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.