IWM BEARISH (16 AUG)
The price of IWM is forming a bearish continuation chart pattern (the interest rate is 5%)
the chart show rejection at the resistance level for the 3rd times.
therefore, i decide to place entry here with stop loss above structure
take profit is at the low (demand zone weekly)
the chart show rejection at the resistance level for the 3rd times.
therefore, i decide to place entry here with stop loss above structure
take profit is at the low (demand zone weekly)
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.