Trend: Bearish
Structure: Horizontal Support and Resistance
Plan: We look for a small pullback in price before entering in a short position. MACD on the 1 hour TF has confirmed short, so a small pullback would be lead to a good entry for the short.
Structure: Horizontal Support and Resistance
Plan: We look for a small pullback in price before entering in a short position. MACD on the 1 hour TF has confirmed short, so a small pullback would be lead to a good entry for the short.
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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.