We broke the trendline.
Rejection off 38.2% Fib.
Fib level lines up with former zone of support that is now acting as resistance (S/R flip)
Entered on bearish variation on M15 (two consecutive bearish candle close on M15) off S/R flip.
Rejection off 38.2% Fib.
Fib level lines up with former zone of support that is now acting as resistance (S/R flip)
Entered on bearish variation on M15 (two consecutive bearish candle close on M15) off S/R flip.
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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.