Observation Tips:
Monitor the price reaction when it touches the bottom blue band (VAL zone).
Keep an eye on the descending trendline; bullish sentiment will only truly return if the price breaks above this line and climbs back over the POC.
Monitor the price reaction when it touches the bottom blue band (VAL zone).
Keep an eye on the descending trendline; bullish sentiment will only truly return if the price breaks above this line and climbs back over the POC.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.