Long
Bearish reversal
After a long downtrend, SlP is forming a trend reverse to uptrend which is formation of HH and HL. The uptrend volume increase while the supply decrease. Crowd are scared to invest in it due to the powerful downtrend. This might interest the big investors as price is in discount already.. we can place our stop in that area according to the chart
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.