Fading the Bearish Breakout for a Bullish Reversal.

Long

Direxion Small Cap Bear 3X Shares (AMEX:TZA)

AMEX:TZA Direxion Small Cap Bear 3X Shares

Harmonic Patterns Chart Patterns Trend Analysis Bullish Shark Descending Triangle fakeout rsioversold

harmonicpatterns chartpattern trendanalysis bullishshark descendingtriangle fakeout rsioversold

We have a bullish shark on the 4 hour with an oversold RSI and I'm expecting the price to fade the breakout and blast back into the descending triangle from here and take off to prices that are much higher.

Related Ideas

about F

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.