Here we have just a simple BREAK and RE TEST of a strong SUPPORT turned RESISTANCE zone... see how bloody simple it is?? We are expecting price to get pushed down by the bears and all the uncertainty with possible USA war going on USD should weaken pushing this price lower.
This is just pure price action setup, no fancy indicators or rubbish.. see how simple it can be!? If you have half a brain cell you can trade and be profitable... im not sure what my excuse is then hahaha.
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.