Time Frame: 30-Minute Chart
Current Observation: Price showing weakness around the $1840 resistance level.
📉 Trade Idea: Short Setup
Entry: $1840
Stop Loss: $1855
Target: $1796
📝 Analysis:
Price action is struggling to hold above $1840, forming lower highs on the 30-minute chart. Momentum indicators suggest weakening bullish pressure, supporting a short bias toward $1796.
⚠️ Disclaimer:
This is not financial advice. All trade setups are shared for educational and informational purposes only. Always conduct your own research and consult with a licensed financial advisor before making any investment or trading decisions. Trading involves significant risk and may result in the loss of your capital.
Current Observation: Price showing weakness around the $1840 resistance level.
📉 Trade Idea: Short Setup
Entry: $1840
Stop Loss: $1855
Target: $1796
📝 Analysis:
Price action is struggling to hold above $1840, forming lower highs on the 30-minute chart. Momentum indicators suggest weakening bullish pressure, supporting a short bias toward $1796.
⚠️ Disclaimer:
This is not financial advice. All trade setups are shared for educational and informational purposes only. Always conduct your own research and consult with a licensed financial advisor before making any investment or trading decisions. Trading involves significant risk and may result in the loss of your capital.
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.
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.