Trend: Bearish (short term)
Structure / pattern: trend lines, support and resistance.
Plan:
We have identified a descending wedge, however the trade set up is price bouncing off of a upper resistance level and the upper trend line leading to a predicted bearish move.
Structure / pattern: trend lines, support and resistance.
Plan:
We have identified a descending wedge, however the trade set up is price bouncing off of a upper resistance level and the upper trend line leading to a predicted bearish move.
Trade active
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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.