Bearish indications:
LLLH
Trend line resistance respected.
Moving average is respected in day time.
Moving average respected in 4 hr time frame.
Resistance respected at 2701
Currenlty at lower high to go further low.
Formed head and shoulder pattern from resistance.
Fib level 0.618 respected at 2708
Support broken at 2685.
Moving average respected
Trade plan bias short @ 2685
SL:2701
TP1:2671
TP2:2659
LLLH
Trend line resistance respected.
Moving average is respected in day time.
Moving average respected in 4 hr time frame.
Resistance respected at 2701
Currenlty at lower high to go further low.
Formed head and shoulder pattern from resistance.
Fib level 0.618 respected at 2708
Support broken at 2685.
Moving average respected
Trade plan bias short @ 2685
SL:2701
TP1:2671
TP2:2659
Trade closed: target reached
TP HIT
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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.