Use this as a guide to develop your view of the situation:
Main ítems we can see on the 4hs Chart:
a)We have 2 descending trendlines, one has been broken, and the other one isn't
b)In general, after a structure is broken, we should expect a correction or a retest of that broken structure
c)In this case, we will wait for a correction with similar proportions to the two yellow lines we draw on the chart
d)If the Price makes something similar to that pattern (it can be a zig-zag / Flat / Irregular / Triangle) we Will be trading long towards the 2nd descending trendline
e)By the moment, this is just an analysis let us know what you think on the comments.
Main ítems we can see on the 4hs Chart:
a)We have 2 descending trendlines, one has been broken, and the other one isn't
b)In general, after a structure is broken, we should expect a correction or a retest of that broken structure
c)In this case, we will wait for a correction with similar proportions to the two yellow lines we draw on the chart
d)If the Price makes something similar to that pattern (it can be a zig-zag / Flat / Irregular / Triangle) we Will be trading long towards the 2nd descending trendline
e)By the moment, this is just an analysis let us know what you think on the comments.
免責聲明
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.
免責聲明
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.