Looking like its breaking out of daily trend.
Wait for a green candle close out of trend (maybe a few days)
Look for a retest of daily down trend line and take a possible sell based off of that.
From then possible massive drop down to around £88,879 (60%fibb and on a weekly untested hold lvl)
Wait for a green candle close out of trend (maybe a few days)
Look for a retest of daily down trend line and take a possible sell based off of that.
From then possible massive drop down to around £88,879 (60%fibb and on a weekly untested hold lvl)
Trade active
Predicting short term retracement (bullish) from this level monitor 4h trend and look for rejection to sell.
If candle closes above 4h trend look for rejection on daily trend
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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.
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.