Price has pulled back into weekly highs, but respected the previous 4hr high. Price had broken below the 4hr support at 188.500 and made a new low. This bullish push seems to be a liquidity grab before further selling and I anticipate a new low to be made ending the week bearish. Yesterday's daily closed as a bearish rejection. Entries taken as price turned bearish near the previous high with stops above the previous high.
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.