Strong downtrend equals sell!
The market is in a strong dontrend.
Previous daily candle has closed as a bearish engulfing at a previous support now resistance zone.
I'll be looking for a more precise entry on the 1 hour timeframe.
Previous daily candle has closed as a bearish engulfing at a previous support now resistance zone.
I'll be looking for a more precise entry on the 1 hour timeframe.
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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.