-Yurlo
Good afternoon traders and investors, please give this TA a thumbs up if you like it 👍
(next major resistance ~ was the 2nd validation point on the downtrend, which would be an area of high liquidity) $12,100
(top resistance ~ the 1st validation point which initiated the downtrend) $12,490
Looking for a retest of lower support levels ~ $10950 - $11085 seems probable before anything further can occur considering the liquidity below us currently.
I'm short (bearish bias)
$12,100 on a 4 hour close or daily would invalidate this trade.
Enjoy your week, I'm working 60 hours so I won't be as active but thought I'd share this TA for you guys!
Stay safe, and stick to your trading plan! 👍
Good afternoon traders and investors, please give this TA a thumbs up if you like it 👍
(next major resistance ~ was the 2nd validation point on the downtrend, which would be an area of high liquidity) $12,100
(top resistance ~ the 1st validation point which initiated the downtrend) $12,490
Looking for a retest of lower support levels ~ $10950 - $11085 seems probable before anything further can occur considering the liquidity below us currently.
I'm short (bearish bias)
$12,100 on a 4 hour close or daily would invalidate this trade.
Enjoy your week, I'm working 60 hours so I won't be as active but thought I'd share this TA for you guys!
Stay safe, and stick to your trading plan! 👍
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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.