Hello traders,
Look for a bounce back to the yellow trend line. If we get a hold and it corrects nicely without failing, it will be a VERY GOOD long setup with great R:R.
The other scenario is a strong rejection and continuation of the downtrend to break the previous low.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
Look for a bounce back to the yellow trend line. If we get a hold and it corrects nicely without failing, it will be a VERY GOOD long setup with great R:R.
The other scenario is a strong rejection and continuation of the downtrend to break the previous low.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
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.