Trivago is at a very interesting inflection point right now.
Price is trying to use this middle-time-frame demand and lower-time-frame tapering underneath to finally push through the higher-time-frame selling that has controlled the entire downtrend. If we get a clean HTF breakout, the structure genuinely supports a 50–100% move from here.
A big part of why we’re even at these levels is the 5:1 reverse split and the heavy selloff that followed. But over the past year, the chart has been building meaningful bullish structure:
From here, the key is patience.
We need the LTF taper to prove itself and show sustained control which will inevitably lead to the HTF selling breakout.
Trade the story. Not the excitement.
Happy Trading :)
Price is trying to use this middle-time-frame demand and lower-time-frame tapering underneath to finally push through the higher-time-frame selling that has controlled the entire downtrend. If we get a clean HTF breakout, the structure genuinely supports a 50–100% move from here.
A big part of why we’re even at these levels is the 5:1 reverse split and the heavy selloff that followed. But over the past year, the chart has been building meaningful bullish structure:
From here, the key is patience.
We need the LTF taper to prove itself and show sustained control which will inevitably lead to the HTF selling breakout.
Trade the story. Not the excitement.
Happy Trading :)
Trade the Story
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La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Trade the Story
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.