Enter according to your strategy, but short opportunities are highly favorable. The orange line delineates a weak low. Why is it weak? It has not taken out any previous lows, hence it is likely to be a future target. As always do your own analysis and trade prudently
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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.