Trend: Bearish
Structure: Support and resistance
Plan: We had a similar trade to this a few days ago. The same setup has appeared again presenting a short opportunity.
Use good risk management on this as price has some what made higher lows, however price appears to still be respecting the upper resistance level.
Structure: Support and resistance
Plan: We had a similar trade to this a few days ago. The same setup has appeared again presenting a short opportunity.
Use good risk management on this as price has some what made higher lows, however price appears to still be respecting the upper resistance level.
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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.