Forgot to publish this idea earlier but it seems to be working out.
The Hourly bearish trend resistance is broken and it seems like a trend reversal to me.
I am predicting that it will at least go to the 0.66 Fib Level where I would close the trade and open a short trade after doing some analysis.
This is a quick trade for quick profit but can be a little risky as well.
The Hourly bearish trend resistance is broken and it seems like a trend reversal to me.
I am predicting that it will at least go to the 0.66 Fib Level where I would close the trade and open a short trade after doing some analysis.
This is a quick trade for quick profit but can be a little risky as well.
Note
This trade was closed in profit as per this analysis. Cheers!
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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.