The instrument is currently trading next to the border of the squeezing wedge structure. If break below this border occur, this will give opportunities of the short term selling opportunities to specified target.
Please note that this is not a trading signal but a mere view of how I think the market will react. Please share your thoughts on this if you like the idea and Happy Trading Wonderful Traders !
Please note that this is not a trading signal but a mere view of how I think the market will react. Please share your thoughts on this if you like the idea and Happy Trading Wonderful Traders !
Note
The squeezing wedge structure can be broken today. We can look for short term opportunities after a retest. Happy Trading !
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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.