We have seen a huge rally up to resistance however we cannot break through. Most of the bulls have taken profit and it is overbought on the 4 hour. We can expect to see a move down to support if it breaks the maroon trendline. We are still in a bearish market and this only proves we will continue follow structure.
Note
Second entry active! Note
Still in the trade! We even took a second trade. I will update once they reach tp.
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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.