BEL couldn't hold onto the momentum, the breakout was a strong till it met a strong Resistance, pushing it down, currently retesting the last demand zone, hopefully the supply is eaten up like others, if not it might get dragged down to last white line.....Advice wait for breakout above the upper green line to Long but as for Now short will do, but don't short yet till the demand zone is lost below the blue line.
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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.