After breaking structure to the downside the
market is now setting up for a bearish continuation
opportunity within the bear continuation zone
highlighted in red. If price puts in a recovery rally
into the red zone and the 1.1300 invalidation area
holds, the market is likely to roll over and test the
1.1140 support zone.
market is now setting up for a bearish continuation
opportunity within the bear continuation zone
highlighted in red. If price puts in a recovery rally
into the red zone and the 1.1300 invalidation area
holds, the market is likely to roll over and test the
1.1140 support zone.
Note
tgt area reached
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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.