Weekly trend is bearish long term with price breaking the structure currently. Buying pressure seems to be exhausting.
Daily trend is bullish for a few months.
Price currently testing Supply Zone w Pivot Point @ 76 area
Confirmation upon bearish candle
Daily trend is bullish for a few months.
Price currently testing Supply Zone w Pivot Point @ 76 area
Confirmation upon bearish candle
Trade active
Trade closed: stop reached
Note
Possibly another look as it is still valid for entry.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.