Strong bearish momentum yesterday and now we see a possible pullback to an area of resistance.
A fresh resistance area should hold up well to send the price back down.
Expecting a test in the area and followed by a bear candle to show momentum for entry.
Target current low and possibly beyond.
A fresh resistance area should hold up well to send the price back down.
Expecting a test in the area and followed by a bear candle to show momentum for entry.
Target current low and possibly beyond.
Trade closed: target reached
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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.