Potential bearish breaker area identified which resulted in a weekly level being pierced (swing failure pattern). Price then smashed through it down to a nearby order block. Wait for an underside retest of the breaker and short back down to the order block. The order block is confluent with the Fibonacci golden pocket level, lending slightly more weight to the trade.
Stop loss just above the breaker block.
Stop loss just above the breaker block.
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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.