A 15 minute bearish range trend has formed after the test of a significant resistance level. Might be a good time to short as it seems like bullish momentum has been exhausted, in the short term at least. The resistance level is holding on the 5 and 3 min further showing early signs of bearish pressure.
ONLY TIME WILL TELL
ONLY TIME WILL TELL
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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.