S&P500 3 Possible Scenarios
Scenario #1 - Trend continuation: Price continues it's downtrend after it bounces off the major falling trendline, creating LL and LH.
Scenario #2 - Trend continuation: Price continues it's downtrend, creating LL and LH. (Unlikely to happen)
Scenario #3 - Trend reversal: Price breaks major falling trendline, reaching the Fib Retracement 68% line, bounce off of it, price bounces off the major uptrend line, reversing the downtrend, creating HH and HL.
Let me know what you think!
Scenario #2 - Trend continuation: Price continues it's downtrend, creating LL and LH. (Unlikely to happen)
Scenario #3 - Trend reversal: Price breaks major falling trendline, reaching the Fib Retracement 68% line, bounce off of it, price bounces off the major uptrend line, reversing the downtrend, creating HH and HL.
Let me know what you think!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.