Weekly Chart:
A bearish candle rejection T key level 1.576
Daily Chart:
Daily reacted with weekly demand zone: 1.538-1.548 but closed below key level 1.599
Watch out:
1. There might be a pullback to daily supply zone @ 1.651-1.571
2. Weekly demand zone @ 1.538-1.548
3. Long term up-trend line from Feb 2017
Action:
I am going to wait for price action to sell around daily supply zone.
A bearish candle rejection T key level 1.576
Daily Chart:
Daily reacted with weekly demand zone: 1.538-1.548 but closed below key level 1.599
Watch out:
1. There might be a pullback to daily supply zone @ 1.651-1.571
2. Weekly demand zone @ 1.538-1.548
3. Long term up-trend line from Feb 2017
Action:
I am going to wait for price action to sell around daily supply zone.
Note
Joined the BearsTrade active
Trade closed manually
Closed with loss
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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.
Related publications
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.