Price made its third touch on the resistance of the trend with reversal double top structure, indicating a downward movement. Around the resistance area price formed a LTF Ascending structure like and price just broke out of the structure, for us to make an entry we wait for price to show us more biasness by forming a LTF correction structure to downside
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.