Price has broken the Market Structure to the downside and prepares to go lower. This BMS is on the downside so we should be expecting a Sell, The dollar index has also broken Market Structure to the upside showing a move up could be on the cards. We will wait for price to return to the breaker before we place our sell order.
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.