Marked out previously, the US indexes broke down a tad earlier and retested to fail only to drop further based on jitters and jitter-induced expectations.
While the candlestick is long and solid pretty much, there is an extension zone to expect more of the downside to overreach and be oversold before a bounce.
You should be able to see that the Buy Setup is pretty much done and can expect a bounce reversal soon... but only after momentum ebbs and a base support is found.
Watch for it...
While the candlestick is long and solid pretty much, there is an extension zone to expect more of the downside to overreach and be oversold before a bounce.
You should be able to see that the Buy Setup is pretty much done and can expect a bounce reversal soon... but only after momentum ebbs and a base support is found.
Watch for it...
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.