Wait for the pull back for a short Pos
Bears in control..After 7 weeks of rejecting the dynamic support (Blue Line) price finally broke through
Wait for a pullback to the "now resistance line" which is also between the 0.618 & 0.5 fib retracement level.
Look for long wicks rejecting this area for a short position
Wait for a pullback to the "now resistance line" which is also between the 0.618 & 0.5 fib retracement level.
Look for long wicks rejecting this area for a short position
Trade active
Entered ShortNote
Note
T/P #1 50%
moved S/L
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.