BEARISH Bias:
- DOW in action with serious of LH & LL
- Moving is Descending Parallel Channel
- Resistance honored at Upper boundary
- Shooting Star formed on Hourly chart
followed by series of red candles
SELL with
SL: 1.24894 (above previous LH/Channel boundary)
TP1: 1.23344 (Above Daily Support)
TP2: 1.22350 (Above Daily Support around Lower Edge of Channel)
- DOW in action with serious of LH & LL
- Moving is Descending Parallel Channel
- Resistance honored at Upper boundary
- Shooting Star formed on Hourly chart
followed by series of red candles
SELL with
SL: 1.24894 (above previous LH/Channel boundary)
TP1: 1.23344 (Above Daily Support)
TP2: 1.22350 (Above Daily Support around Lower Edge of Channel)
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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.