Trend: Bearish (represented by the moving average)
Structure: Support and Resistance
Trend analysis
Plan: we expect price to respect the upper trend line or the upper resistance, then enter a short with MACD confirmation down to lower support
Structure: Support and Resistance
Trend analysis
Plan: we expect price to respect the upper trend line or the upper resistance, then enter a short with MACD confirmation down to lower support
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.