Update on the Safe-Haven Asset
The market is currently trading in a descending triangle formation both on the 1hr timeframe and 4hrs timeframe indicating a possible trend reversal.
While on the daily timeframe, the market is trading in what seems like a range. My goal is to SHORT the market once it gets to the resistance of 2170 zone and expect a support at 2145 zone and possibly expect a breakout or rebound to the upside.
USE WISE RISK MANAGEMENT
While on the daily timeframe, the market is trading in what seems like a range. My goal is to SHORT the market once it gets to the resistance of 2170 zone and expect a support at 2145 zone and possibly expect a breakout or rebound to the upside.
USE WISE RISK MANAGEMENT
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.