Market has created a new lower low, which a likely indication of trend change.
The price is currently retracing to a 4H supply zone'
A rejection from the zone will trigger the short.
The risk reward is Great at 4,5R.
Trade with caution, use risk management.
Good luck
The price is currently retracing to a 4H supply zone'
A rejection from the zone will trigger the short.
The risk reward is Great at 4,5R.
Trade with caution, use risk management.
Good luck
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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.
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.