Price broke to the downside with confirmation of a re-test. Following a sharp bearish run, price has pulled back, and another short opportunity has presented itself. We had a clean break on the 1hour chat indicated by the blue square box. Momentum is on our side now and we are looking for the market to reach its next support level.
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.