Trapped aggressive bears, absorption from bulls, will the history repeat once again? Chart says it all...
Loosing pivot point will invalidate the possible trade here. Wait for successful retest of pivot point before entering.
Loosing pivot point will invalidate the possible trade here. Wait for successful retest of pivot point before entering.
Note
If you got in, move stop to entry.Lower time frames are showing possible rising wedge which could cause another shakeout below our pivot point.
Note
Take partial profit here. We reached previous local top and price is struggling a bit.Note
Target area reached, profit secured. Congrats!
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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.