Possible good short setup in the 240min chart. We have a possible double top formation in a still overall declining market. RR above 2:1, tight stop as been applied in case the double top fails. We also have a supply zone in place which can give more confirmation for the setup accomplishment.
Best regards, trade wisely
Best regards, trade wisely
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.
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.