In my opinion, price is in a really tricky situation after yesterday's bullish close. But am counting on the small bearish candle to hold since price has reached quite a resistance as per the downward trendline drawn.
-Taking a sell trade would be lucrative as the trend is still bearish; and with a low TP.
-Let's see how it goes
-Taking a sell trade would be lucrative as the trend is still bearish; and with a low TP.
-Let's see how it goes
Trade closed: stop reached
Hit stop loss
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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.