Daily: -Price is forming a bearish W and around the zone of the 61.8% of the daily fib there is an institutional candle that can indicate possible more downside momentum.
4H: -We will be monitoring price action from a 4h perspective to look for a possible entry only if all of our rules are satisfied.
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.