Losers are already buying at the moment. Why? There are seeing bullish rejections on the daily timeframe which i agree signifies the trend could be heading up, any time from now. But the professionals know that although we have broken the bearish trendline, we still in the bears zone and they could take huge advantage. So what can a technical analysis expect at the moment? Simple trick, if you look closely, the region we expecting the bearish trend to halt is aligning with a bullish candle, which in advance technical analysis signifies a support. So, at this region we will be looking for bullish confirmation to long.
If you gat any question or idea to share with me, FEEL FREE to leave it in the comment section. And if this analysis was helpful, please drop a like it supports us to dig more of this setup.
Trade smart!
If you gat any question or idea to share with me, FEEL FREE to leave it in the comment section. And if this analysis was helpful, please drop a like it supports us to dig more of this setup.
Trade smart!
