I am expecting a bearish movement next week. Early next week price should go up and create a some kind of resistance above from the current price. It will probably be near the last 4h resistance. Entry will be between 0.5-0.618 fibonacci zone in lower timeframes. Stops above the 4h resistance depending on the candlestick formations. Stops will be breakeven when it reaches the first support. Target is these support/structure zones (yellow retriangles, -0.27 fibonacci level).
Note
nice, clean, juicy. Looking good so far. CAan open more shorts untill the target after every break and retest of a 1h structure.
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.