Trend: Bearish
Structure: Parallel Channel, also support and resistance
Plan: We expect price to hit upper parallel channel line and fall to previous low.
We have MACD confirmation and exit on ADX down turn.
Structure: Parallel Channel, also support and resistance
Plan: We expect price to hit upper parallel channel line and fall to previous low.
We have MACD confirmation and exit on ADX down turn.
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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.