Failed Breakdown, Bullish
Financials lost key support on a large gap down.
They then had a large gap up back above that key support.
This is a textbook failed brekdown. Use the island gap levels to set your risk.
They then had a large gap up back above that key support.
This is a textbook failed brekdown. Use the island gap levels to set your risk.
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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.