Price at 50 week EMA
- In the weekly chart we are right at the 50 EMA and we have seen a strong retracement after touching it.
- Price in the daily chart seems to start stopping near recent resuistance.
- Wait for a lower time frame break of structure.
- Price in the daily chart seems to start stopping near recent resuistance.
- Wait for a lower time frame break of structure.
Trade closed: target reached
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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.