SLP: Is it just a small calm before the big storm?
As we saw during these days and the actual problems the market looks more stable.
It looks like nothing happened with the political aspect of the countries and for many of
the financial instruments it looks like they already tested the bottom.
However, we can never know if this was the end of the downward movement or this it is
just a small calm before the big storm.
From the technical perspective, we can see only a reversal pattern that can push
the price higher again.
On the chart, we can see a very nice Falling Wedge Pattern.
Thank you and Good Luck!
As we saw during these days and the actual problems the market looks more stable.
It looks like nothing happened with the political aspect of the countries and for many of
the financial instruments it looks like they already tested the bottom.
However, we can never know if this was the end of the downward movement or this it is
just a small calm before the big storm.
From the technical perspective, we can see only a reversal pattern that can push
the price higher again.
On the chart, we can see a very nice Falling Wedge Pattern.
Thank you and Good Luck!
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✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.