FB TRIGGER LEVELS
Bull Scenario
FB triggers Bull to Mark Up into our Bull Targets
FB finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
FB triggers Bear into our Bear Targets
FB finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has the potential to reverse not all targets may be met.
FB triggers Bull to Mark Up into our Bull Targets
FB finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
FB triggers Bear into our Bear Targets
FB finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has the potential to reverse not all targets may be met.
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.