1) Sept 18' monthly candle went up to Feb 18' Support and is currently being pushed back down.
2)Previous weekly candle stood under 25 MA, also, long bearish wick which can potentially keep bearish momentum going.
3) Wait for 4 Hr candle to close below 128.350 zone to enter.
Still learning. Any input is greatly appreciated.
2)Previous weekly candle stood under 25 MA, also, long bearish wick which can potentially keep bearish momentum going.
3) Wait for 4 Hr candle to close below 128.350 zone to enter.
Still learning. Any input is greatly appreciated.
Note
..you failed to realize a H&S pattern was being formed
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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.