Update: Failed, stop loss hit
Profit/loss(pips)=-50
The price has approached the confluence of Fibonacci extension levels, for a potential bearish crab pattern. A pin bar at this resistance may give further confirmation to the intraday bearish scenario.
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.