4h:
-The price is creating lower high and lower lows.
-Price touches the trendline and previous support, now turn resistance!
-Retesting fibo golden zone of 50-61.8 right now
1h:
-Approaching on the 200EMA as strong resistance
-candlestick showing bearish pin bar.
Above all, short position is recommended for trading at a good RR.
GOOD LUCK TRADERS!
-The price is creating lower high and lower lows.
-Price touches the trendline and previous support, now turn resistance!
-Retesting fibo golden zone of 50-61.8 right now
1h:
-Approaching on the 200EMA as strong resistance
-candlestick showing bearish pin bar.
Above all, short position is recommended for trading at a good RR.
GOOD LUCK TRADERS!
Trade closed: target reached
What a good trade!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.