Support breakdown
Daily range, price reversed after forming a daily pin bar at resistance, resulting in a downtrend on smaller time frames. The following levels were broken: monthly open, weekly open, last week low, weekly 50 sma, daily 200 sma (all in the same place).
Trade closed manually
False break
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.