Short if resistance is retested
The daily candle closed as a strong bearish engulfing breaking previous support.
If the market retests and rejects previous support now resistance on the 4 hour, I'll place a sell order with targets at the 1.618 extention and
stops above previous structure.
If the market retests and rejects previous support now resistance on the 4 hour, I'll place a sell order with targets at the 1.618 extention and
stops above previous structure.
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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.