Why I looking for SHORT:-
*Price just broke below descending channel. H4
*Daily TF downtrend
*Weekly TF, 3 weeks for price to fall until 60% of 7 weeks to climb up. (140.00-149.500) indicate strong seller.
Noted:
*Since price just reach Daily support 143.00-144.00, so there is a chance for price to make a pullback. (LONG) until 144.00 before continue down.
Idea of entry:-
*SELL LIMIT 144.00-144.200
*STOPLOSS 145.00
*Target -140.00-141.00
*Price just broke below descending channel. H4
*Daily TF downtrend
*Weekly TF, 3 weeks for price to fall until 60% of 7 weeks to climb up. (140.00-149.500) indicate strong seller.
Noted:
*Since price just reach Daily support 143.00-144.00, so there is a chance for price to make a pullback. (LONG) until 144.00 before continue down.
Idea of entry:-
*SELL LIMIT 144.00-144.200
*STOPLOSS 145.00
*Target -140.00-141.00
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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.