Trend: Bearish, Short term bullish
Structure: Support and resistance zone
Plan: We look for price to bounce off of previous high resistance zone and make a move down to previous lows.
Please wait for price to breakout of the zone to the downside before entry as there has been a strong bullish momentum recently.
Structure: Support and resistance zone
Plan: We look for price to bounce off of previous high resistance zone and make a move down to previous lows.
Please wait for price to breakout of the zone to the downside before entry as there has been a strong bullish momentum recently.
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.