Finally on 1HR TF- price is below the base line.
If it breaks 5630- i would watch out for bulls but it might touch that line before going south.
This is just my short term prediction based on cloud.
5280 is where next support should be
If it breaks 5630- i would watch out for bulls but it might touch that line before going south.
This is just my short term prediction based on cloud.
5280 is where next support should be
Note
going in the right direction- you can short more if it breaks 54005150 will be a good and safe close for that short-
Trade closed: target reached
Note
Still active- Don't catch the falling knife- look @ 5040
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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.