Price is now testing the major daily resistance level that has recently been a very strong barrier.
Whilst this level could now break, if we can get a pullback lower into the near term support level it could be a very solid area to look for long trades.
Trades could be hunted on both the daily and smaller time frames with high probability price action triggers.
Whilst this level could now break, if we can get a pullback lower into the near term support level it could be a very solid area to look for long trades.
Trades could be hunted on both the daily and smaller time frames with high probability price action triggers.
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.
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.