Why is waiting better than FOMOING?
If you would only watch the 1-hour chart, then you would say it is a very good entry point, because of the high volume breakout.
But if you take a look at a higher timeframe, then you would notice that we only backtested the previous bearish pattern (Head and Shoulder).
So in any case like this, I suggest you sit back and wait for a confirmation.
Such a confirmation could be a gap-up opening on Monday, with a lot of participants.
A bearish sign would be, low volume tanking on Monday.
Summary:
At this moment it is truly neutral.
A lot of bearish and bullish signs occurred.
But if you take a look at a higher timeframe, then you would notice that we only backtested the previous bearish pattern (Head and Shoulder).
So in any case like this, I suggest you sit back and wait for a confirmation.
Such a confirmation could be a gap-up opening on Monday, with a lot of participants.
A bearish sign would be, low volume tanking on Monday.
Summary:
At this moment it is truly neutral.
A lot of bearish and bullish signs occurred.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.