After analyzing the 15-minute chart, price action is currently squeezed between a strong resistance level above and an ascending trendline below. A rejection from resistance followed by a trendline breakdown may trigger a move toward the target marked on the chart.
Remember: Stop loss doesn’t eat your money — it guards your capital like a loyal bodyguard.
Happy Trading,
SpicyPips
Remember: Stop loss doesn’t eat your money — it guards your capital like a loyal bodyguard.
Happy Trading,
SpicyPips
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.