Price recently tested a major resistance and the bearish trend line but failed to close above these areas suggesting price is ready to continue its bearish trend.
I have highlighted 2 opportunities
1.) short term trade to the next support - Risk to reward ratio 2.6
2.) swing trade if price breaks the support - Risk to reward ratio 6.73
I have highlighted 2 opportunities
1.) short term trade to the next support - Risk to reward ratio 2.6
2.) swing trade if price breaks the support - Risk to reward ratio 6.73
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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.