Bias: Sell (If Price Breaks Below 2892-2890)
Reasons For Sell Bias:
Rejection of 2940 Resistance: The price reached a critical resistance zone and was aggressively rejected downward, indicating seller dominance.
Bearish Momentum and Breakdown • Lower highs and lows suggest a downtrend.
Breaking below 2892 support might lead to a further slide to 2880 or lower.
Nine minutes ago.
Reasons For Sell Bias:
Rejection of 2940 Resistance: The price reached a critical resistance zone and was aggressively rejected downward, indicating seller dominance.
Bearish Momentum and Breakdown • Lower highs and lows suggest a downtrend.
Breaking below 2892 support might lead to a further slide to 2880 or lower.
Nine minutes ago.
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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.
Related publications
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.