So, market has been in disarray recently and I couldn't exit my trades before the dump so I'm stuck but maybe you guys can do something so I'm still sharing my TA.
This looks a lot like a double bottom (bullish), so unless that green candle that pierces very little from that first top invalidates this pattern, this whould go up. Neckline is the dashed line, if a candlestick closes over that line might me the confirmation this is going up, you might play this in two ways:
- wait for the price to go over the neckline and then enter. REMEMBER, very often price retests the neckline or goes a bit lower;
- enter now
It's up to you. I'm in until 45 (at least)
This looks a lot like a double bottom (bullish), so unless that green candle that pierces very little from that first top invalidates this pattern, this whould go up. Neckline is the dashed line, if a candlestick closes over that line might me the confirmation this is going up, you might play this in two ways:
- wait for the price to go over the neckline and then enter. REMEMBER, very often price retests the neckline or goes a bit lower;
- enter now
It's up to you. I'm in until 45 (at least)