Short entry on trendline break at key zone, currently observing the 50% - 61.8% Fibonacci level and will reverse position if price action and volumes indicate a successful test of the spring.
Note
Short trade stop loss at break even. Monitor price action for early test of springTrade closed manually
Closed trade. I may enter again on a backup action after a sign of strength is witnessed
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.