Market is on bearish selling cycle after break of 2880 structural support, as we we had mentioned in our previous commantary and our 3 trades got impressive results.
What scanario we have?
▪️ currently on Shoter timeframe we have 2860 support to be break after it market with test 2852 D1 support ,if market invalidated the 2854-2852 area then will have liquidity sweep towards 2835 in first attempt and 2820 in extension.
▪️Furthermore, buying is limited if market remains below 2880.
Additionally we have holding our sell trades.
On longer period kindly read the previous commantary.
What scanario we have?
▪️ currently on Shoter timeframe we have 2860 support to be break after it market with test 2852 D1 support ,if market invalidated the 2854-2852 area then will have liquidity sweep towards 2835 in first attempt and 2820 in extension.
▪️Furthermore, buying is limited if market remains below 2880.
Additionally we have holding our sell trades.
On longer period kindly read the previous commantary.
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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.
Related publications
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.