As an update to one of my prior ideas. The prior idea had mentioned that what may have appeared to be a bullish pattern on a lower time frame may have been misleading. I had pointed out why on higher time frames. Here is an update:
A Rounding top appears to have formed along with a breach of the April low's uptrend. The breach found support on the 50dma, then snapped back and retested the breached uptrend line. A downward continuation would be the most probable direction for price to trend within this scenario, in my humble opinion.
A Rounding top appears to have formed along with a breach of the April low's uptrend. The breach found support on the 50dma, then snapped back and retested the breached uptrend line. A downward continuation would be the most probable direction for price to trend within this scenario, in my humble opinion.
Trade attivo
Still in play and retested the uptrend line breach, in my humble opinion. What am I looking at now. A head & shoulders top breakout after reaching the potential peak target of a proregressive dragon pattern. 
A transcendent vision of mind and technology becoming one.
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A transcendent vision of mind and technology becoming one.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.