Quick trade idea.
After a bunch of consolidation last week, we've gotten a Bearish move to take over and finish the week off. Going into this new week - I'm expecting to start things off in a Bullish Trend.
I have two clear Trend-Lines marked off, and they both intersect at my point of interest to start looking for the Bearish momentum to take over. From here we can start to sell again and create new lows from the past week. These two things alone make me more confident in looking for the setup to possibly play out.
This is just my Personal Opinion, Trade Safely!
After a bunch of consolidation last week, we've gotten a Bearish move to take over and finish the week off. Going into this new week - I'm expecting to start things off in a Bullish Trend.
I have two clear Trend-Lines marked off, and they both intersect at my point of interest to start looking for the Bearish momentum to take over. From here we can start to sell again and create new lows from the past week. These two things alone make me more confident in looking for the setup to possibly play out.
This is just my Personal Opinion, Trade Safely!