Upside momentum is fading and price is back into the neckline.
1200 will be tough nut to crack but lots of downside potential after break.
Avoid: Getting caught in fake breakout. Wait for the confirmed break. Ideally, add to trade on a retest.
1200 will be tough nut to crack but lots of downside potential after break.
Avoid: Getting caught in fake breakout. Wait for the confirmed break. Ideally, add to trade on a retest.
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Related publications
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.