Resistance zone being re-tested (I am going short!)
In this trade the support zone highlighted by the purple box is turned to be a resistance and being retested by the price so would expect a decline and price will drop.
TP1, TP2 and stop loss levels are highlighted.
Enter on your own responsibility!
Trade carefully!
TP1, TP2 and stop loss levels are highlighted.
Enter on your own responsibility!
Trade carefully!
Note
Once TP1 is hit, move stop loss to entry.
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.