This weekly candle looks bearish. It's even more bearish if we take into account that it was printed on the monthly impulse base.
It means that the monthly trend is still short, and if the weekly gets aligned, the price may target the last clean weekly breakout (red), where the countertrend line also breaks, and where the $1 for natural becomes a nice target.
Do you see it coming?
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present.🏄🏼♂️
<<please boost 🚀 if you enjoy💚
It means that the monthly trend is still short, and if the weekly gets aligned, the price may target the last clean weekly breakout (red), where the countertrend line also breaks, and where the $1 for natural becomes a nice target.
Do you see it coming?
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red
———
Stay grounded, stay present.🏄🏼♂️
<<please boost 🚀 if you enjoy💚
Day trader capitalizing on the expansion phases of emerging trends.
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SUBSCRIBE 🚀 themarketflow.trading
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION
SUBSCRIBE 🚀 themarketflow.trading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。