Structure resistance
Updated
Daily
- price trend was bearish now at point of structural resistance
- rejection pin bar is forming on Daily at structure
1 Hr
- price is consolidation around structure level.
- minor trend line in pink drawn, await break out of trend line.
- 1 hr RSI is showing bearish movement.
- price trend was bearish now at point of structural resistance
- rejection pin bar is forming on Daily at structure
1 Hr
- price is consolidation around structure level.
- minor trend line in pink drawn, await break out of trend line.
- 1 hr RSI is showing bearish movement.
Note
Trade broke trend lineNow at 78.6.
Will re-analyse with new chart.
Note
Price respected the strucuture and melted away niceley
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