From a price action perspective there is a higher probability for the pattern to repeat and a slow reversal move to happen. This might take months to happen.
Until price reached the low of the channel line as per my view, I'll not dare to take an entry in the sectoral ETF.
Sometimes the pattern might evolve for sure but until that happens my view stays the same.
Until price reached the low of the channel line as per my view, I'll not dare to take an entry in the sectoral ETF.
Sometimes the pattern might evolve for sure but until that happens my view stays the same.