Interesting conflict of trends and patterns on Wall Street

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In this video I show what I think is a pattern that creates a greater probability for the south.

I explain more on how I draw my trend lines, which may not be what the gurus teach people to do.

The main feature is a contracting pattern on the 4H which stand to be beaten by the big trend from the Daily.

I'm not saying the pattern will break soon. Price may bounce around more before any real action if it is to happen.

Have a look. Cheers.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.