Look for retrace back towards resistance cluster made up of historical resistance + 50 EMA
before moving south again
Momentum on its way down also shown on longer time frame
Targets on chart
before moving south again
Momentum on its way down also shown on longer time frame
Targets on chart
Note
Trend line brokenTrade closed: target reached
Target reached on two occasionsDisclaimer
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.