WD-40 changed direction to the south after the 5/0 count.
Soon it will become clear whether the support from (4) holds or not.
But what is already apparent is that WDFC is struggling significantly at the trend barrier. No surprise, since this price level coincides with the natural resistance.
To me, this seems like a cheap short, even though a new, true low hasn't been reached yet.
A stop behind the resistance Zone is a fair bet.
Soon it will become clear whether the support from (4) holds or not.
But what is already apparent is that WDFC is struggling significantly at the trend barrier. No surprise, since this price level coincides with the natural resistance.
To me, this seems like a cheap short, even though a new, true low hasn't been reached yet.
A stop behind the resistance Zone is a fair bet.
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👉 Your best INSIGHT: wins & losses go hand in hand
✅ Follow & boost me, share my channels & try to teach me something new too 🙏
👉 Your greatest BENEFIT: learn to make money
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👉 Your best INSIGHT: wins & losses go hand in hand
✅ Follow & boost me, share my channels & try to teach me something new too 🙏
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.