Monthly time frame shows large amount of selling
pressure with heavy amount of pin bars indicating
sell sensitivity. Price has broken consolidation after exhaustion.
We are expecting price to re-test its previous consolidation
show and fail and continue a downward Push to its
Monthly resistance zone.
4:1 Profit Target
SL: 82.247
Entry: 81.11
TP1: 78.32
TP2: 75.56
pressure with heavy amount of pin bars indicating
sell sensitivity. Price has broken consolidation after exhaustion.
We are expecting price to re-test its previous consolidation
show and fail and continue a downward Push to its
Monthly resistance zone.
4:1 Profit Target
SL: 82.247
Entry: 81.11
TP1: 78.32
TP2: 75.56
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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.