The massive volume spike in the 2nd move up didn't materialize into a rally and failed to intermediate support (POC). This PA is a major criteria for a rev sym triangle setup.
To confirm this setup, price needs to move up a third time and fail roughly at the red box (the red box is also a major pivot). Price won't move in a straight line, could fall to 6K and this pattern would still be valid. Typical count = 5 touches.
Expecting a lot of fake outs. Just observing.
To confirm this setup, price needs to move up a third time and fail roughly at the red box (the red box is also a major pivot). Price won't move in a straight line, could fall to 6K and this pattern would still be valid. Typical count = 5 touches.
Expecting a lot of fake outs. Just observing.
Dagangan ditutup: hentian tercapai
difficult range imo
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.