NOT FINANCIAL ADVICE
Bearish rising channel after a rejection of a breakout above the trading range. pushing price back into and closing below the trading range. I'm playing this one short to ~9850, for short term price movement. finishing an ABC correction for the previous move upwards from lower 9000s.
Good luck trading.
Bearish rising channel after a rejection of a breakout above the trading range. pushing price back into and closing below the trading range. I'm playing this one short to ~9850, for short term price movement. finishing an ABC correction for the previous move upwards from lower 9000s.
Good luck trading.
Note
4hr view
Note
looks like a interim short to mid term top and distribution.Note
Trade complete. like and follow for more content.
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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.