The price has closed a bearish bar, covering the preview rejection candle spikes, which means, that the buyers could not push price from this level.
There is the probability that the price will fall until next support level.
As for buy scenario, the price must cluse a bullish engulfing candle!
There is the probability that the price will fall until next support level.
As for buy scenario, the price must cluse a bullish engulfing candle!
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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.