Confirmation: 168.86 (early) / 130.01 (late)
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 55.46
TF: Daily
Leverage: 3x
Pattern: 1) bearish pattern with 2) previous bearish impulse wave, 3) EMA200 resistance, 4) limited 3/1 Gann, and 5) strong 1/4 Gann resistance.
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 55.46
TF: Daily
Leverage: 3x
Pattern: 1) bearish pattern with 2) previous bearish impulse wave, 3) EMA200 resistance, 4) limited 3/1 Gann, and 5) strong 1/4 Gann resistance.
Note
Backtest?Trade active
Trade closed: stop reached
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Related publications
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.