Trend: Bearish
Structure: Flag/Support and Resistance
Plan: We expect price to test upper resistance line then move back down towards previous low,
We have Moving Average confirmation on the 4hr Chart and we await MACD confirmation on a lower time frame closer to trend line before entry.
Structure: Flag/Support and Resistance
Plan: We expect price to test upper resistance line then move back down towards previous low,
We have Moving Average confirmation on the 4hr Chart and we await MACD confirmation on a lower time frame closer to trend line before entry.
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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.
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.