We are testing and currently respecting the 1.3342 level of structure as resistance. Once we get confirmation we can start to look and execute our short idea. Currently price on the daily is giving us an exhausted signal and the 4H is giving multiple tests at a consistent level. We simply must break a level of structure and wait for the environment to shift to bearish.
RR - 1:2.7
RR - 1:2.7
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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.