Holistically in the last month there was a downward trend. Buyers broke through downward trend and resistance.
1. Identified a bearish engulfing at the start of the downward trend. 2. Noticed a ranging market in the lower S & R 3. Price is currently respecting S&R
Undetermined of where the price will go based on my indicators. Would probably need to revise over other indicators.
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.