9500 failed to act as the support, currently formed into resistance. The ascending trendline has been broken and we are currently looking to retest it for potential shorts.
Watch for price action to play out in the next few hours to confirm the break, otherwise could be a "fakeout", however, highly unlikely considering the sell volume rapidly entering the market.
Watch for price action to play out in the next few hours to confirm the break, otherwise could be a "fakeout", however, highly unlikely considering the sell volume rapidly entering the market.
Trade active
Support area holding on well at the moment. Let's see if we manage to have a nice pullback to retest the trend line
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.