H4 time frame.
Structure: Downtrend.
The price broke the support level of 58000 and is now returning to this level to retest.
At this price area, wait for the bearish reversal patterns to appear, then you can enter to find selling opportunities.
The profit target is the 50000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Downtrend.
The price broke the support level of 58000 and is now returning to this level to retest.
At this price area, wait for the bearish reversal patterns to appear, then you can enter to find selling opportunities.
The profit target is the 50000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.