This is the usual price behavior of a fakeout. Anyone shorting the pattern breaking should be careful until confirmation.
The next move will be a big one, either to the upside (7900-8000$) and to the downside (6900$-5500$), so, there is no need to take an extra gamble for a measely 100$
The next move will be a big one, either to the upside (7900-8000$) and to the downside (6900$-5500$), so, there is no need to take an extra gamble for a measely 100$
Nota
- 55 2H EMA as support
- Ascending trendline Held as support
- 2H engulfing candle on the 2H
- Perfect Hammer formation at the bottom in the lowest timeframes
-🚀 MSTP🚀 calculated Bullishness in 4 different indicators, other timeframes also in agreement
- Forming H&S with the perfect volume profile
Was it a fakeout? or is this the fakeout?
Welcome to my trading journey! I'm a passionate trader fed up with fake gurus and misleading strategies that lead many new traders astray. Here, we focus on breaking the cycle of mediocrity by thinking outside the box.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Welcome to my trading journey! I'm a passionate trader fed up with fake gurus and misleading strategies that lead many new traders astray. Here, we focus on breaking the cycle of mediocrity by thinking outside the box.
discord.gg/whbrR6uNsX
discord.gg/whbrR6uNsX
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.