I observe that the overall trend is up — both the secondary and primary trends are bullish. This pullback has created a failed swing high but hasn’t formed a new lower low, and price has now entered a value zone for buying.
I'm waiting for this candlestick to break the minor trend, which would provide bullish confluence across the primary, secondary, and minor trends according to Dow Theory
I'm waiting for this candlestick to break the minor trend, which would provide bullish confluence across the primary, secondary, and minor trends according to Dow Theory
Trade active
Break even if this channel is broken
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Our Custom Programming Service: Focusing on Pine Script to develop indicators/Bots on TradingView/MT5 that support traders in the Forex, Stock, and Crypto markets
facebook.com/groups/1128766605090440/
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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.