Downtrend invalidation || reverse trade
Normally this would be a fading trade, price moving lower and lower, but we can see that the last bull candle suggests otherwise. I think it is a bounce off the low of the range that has formed.
The bull candle formed a higher high and thus took people out of their shorts.
We can also see that the RSI is breaking up the trendline and also has a strong base
The bull candle formed a higher high and thus took people out of their shorts.
We can also see that the RSI is breaking up the trendline and also has a strong base
取消訂單
It's too choppy for now, waiting for a clearer pattern
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