Trend: Bearish
Structure: Breakout and retest of horizontal resistance
Plan: We have identified a level of resistance which has price has broken out. Upon retest we look to take a short down to 0.5Fib level as show by the lower resistance line.
Structure: Breakout and retest of horizontal resistance
Plan: We have identified a level of resistance which has price has broken out. Upon retest we look to take a short down to 0.5Fib level as show by the lower resistance line.
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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.