AB=CD, Trend Lines, Fibonacci 61.8%
check price action when enter the Red Trendline if it will further down to Green Area, if bounce then should take profit and stop.
check price action when enter the Red Trendline if it will further down to Green Area, if bounce then should take profit and stop.
Note
might have small bounce here in small timeframe , this is not a same red line in big timeframe , sorry for confusing, overall still bearish.Trade active
On its way going to the red trendlineNote
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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.