price is getting close to to the descending trend line (4 time), good to buy if break it. another option is to buy in the base of the small triangle forming to break that line (in green colour). I'm already long.
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it break and retest, all clear for a bigger bull move.
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if price doesn't get rejected is a false breakdown
if price doesn't get rejected is a false breakdown
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well, sure thing the answer was sell, now I thing a good idea for bulls is to close longs in the first big retracement and not buy until price get rejected from bottom trend line in the monthly chart.
well, sure thing the answer was sell, now I thing a good idea for bulls is to close longs in the first big retracement and not buy until price get rejected from bottom trend line in the monthly chart.