The chart explains it all.
the market keeps raising against all odds in the middle of this world pandemic, ignoring all data and indicators... Why shorting then?
Buy the bottom of the tunnel sell at mid range before it gets to the danger zone and bounce back again
key points;
- price at the bottom of the tunnel
- price riding the EMA 50
- good buying risk reward
This will keep bouncing until it completes the triangle and break free
the market keeps raising against all odds in the middle of this world pandemic, ignoring all data and indicators... Why shorting then?
Buy the bottom of the tunnel sell at mid range before it gets to the danger zone and bounce back again
key points;
- price at the bottom of the tunnel
- price riding the EMA 50
- good buying risk reward
This will keep bouncing until it completes the triangle and break free