SHORT trade is in order. Trend lines on RSI-14 and CandleStick chart are augmenting each other towards Bearish trend establishment. Therefore, place entry as per Fibonacci retracement at 0.38 for entry. S/L should be previous LH. Set TP as per risk/reward ratio of 1%.
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.
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.