Broke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up đź‘Ť.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up đź‘Ť.
Your FA guru can't read a chartđź’
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Your FA guru can't read a chartđź’
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Declinazione di responsabilitĂ
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.