Broke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up 👍.
This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.
An so this appears to be ok though not really desirable as long as it doesn't start falling below support.
If it does I will probably reduce my position.
But this potentially can be a wild consolidation of support to move on up 👍.
I'm taking a break from TradingView but you can find me every day in my Telegram Trading Group 🧐
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35