Strategic Trade Outlook:
🔴 Sell Setup:
Sell if price fails to reclaim $520 and breaks below $498
Targets: $482 → $462
Stop: Above $521
🟢 Buy Setup:
Only valid if price reclaims and holds above $520 with bullish volume
Target: Retest of $539–$542 upper wedge
Alert Message (Short-Term Bearish):
"Sell pressure confirmed under $520. If $498 breaks, expect a deeper drop to $482 and $462. Avoid longs unless $520 is reclaimed with strength."
🔴 Sell Setup:
Sell if price fails to reclaim $520 and breaks below $498
Targets: $482 → $462
Stop: Above $521
🟢 Buy Setup:
Only valid if price reclaims and holds above $520 with bullish volume
Target: Retest of $539–$542 upper wedge
Alert Message (Short-Term Bearish):
"Sell pressure confirmed under $520. If $498 breaks, expect a deeper drop to $482 and $462. Avoid longs unless $520 is reclaimed with strength."
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.