As price entered a fresh and untested DZ and closed bullish last Friday, we can expect price to make a retracement upwards and probably continue it's trend downwards thereafter (based on technicals). We have to tread carefully especially with recent events surrounding the Eurozone. (Italy's debt, Brexit etc.)
We have to take profits off the table when necessary.
We have to take profits off the table when necessary.
Order cancelled
No entry. DZ has been invalidated. Next trade!
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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.