We try using elliot wave theory. Small retracement suspected to the red box zone. If entry sell, we may put pending order on red horizontal line. Put sl on the dotted line, slightly above supply zone. If the analysis good enough, we may see bearish trend until the demand zone on h4(blue box). We will update the ideas.
Note
IT FOLLOW THE ANALYSIS. MAY ASPECT DROP TO THE BLUE ZONE.
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.