Waiting for the week to end here we looking like distribution
Failure to close above the resistance with declining volume looks like a good short
Better to wait for retest if it breaks down from here
A close above R1 invalidates the trade
Failure to close above the resistance with declining volume looks like a good short
Better to wait for retest if it breaks down from here
A close above R1 invalidates the trade
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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.