Would you Long or Short this chart based on what its showing?
Broken Trend Line + (Close Retest)
The average trader would "Short" this chart. In this case since the chart is reversed you would actually be going Long
Unless price finds itself back within the Trend Line, I believe this is going in the direction intended "Down" (but in this case UP since the chart is reversed)
Apologize for the confusion.
Broken Trend Line + (Close Retest)
The average trader would "Short" this chart. In this case since the chart is reversed you would actually be going Long
Unless price finds itself back within the Trend Line, I believe this is going in the direction intended "Down" (but in this case UP since the chart is reversed)
Apologize for the confusion.