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As you see the price was rejected from resistance several time and the last time was very sharp, which tells us about the weakness from buyers side. Sell zone is lower because of the lower highs.
Plan B: if price will close above the resistance take a long position
Please to support my work follow the Trading View profile
Guys always do your own research before to trade my ideas!
As you see the price was rejected from resistance several time and the last time was very sharp, which tells us about the weakness from buyers side. Sell zone is lower because of the lower highs.
Plan B: if price will close above the resistance take a long position
Please to support my work follow the Trading View profile
Guys always do your own research before to trade my ideas!
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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.
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.