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
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👉 Your greatest BENEFIT: learn to make money
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👉 Your best INSIGHT: wins & losses go hand in hand
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.