This is done using an experimental method based on Da Vinci. The price should dump while under the red line. Once it goes on top of it there is the potential that the down movement is invalidated.
Trade active
Just a small detour, by the way it looks the targets will still be respectedTrade active
Might hit reversal levelsTrade active
This is playing dirty mind games, targets are back in placeTrade active
Getting close to the targetDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.