Price has been failing multiple times to break above this resistance zone. The daily candle closed as a bearish pin bar, on the 61.8 zone, previously price had closed as an indecision candle. Therefore, I am anticipating that price will drop.
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.
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.