- Resistance line just above the 618 fib
- Price alert active at the resistance line, wait out for rejection then enter into a potentially huge sell
- Price currently at moving average
- Bulls currently remain dominant up until resistance line
- Resistance line will match up with 70.00 on RSI going into overbought
SL - 42.2pips
Overall Target - 233.5pips
R/R - 5.53
All indications must be met before entering trade.
- Price alert active at the resistance line, wait out for rejection then enter into a potentially huge sell
- Price currently at moving average
- Bulls currently remain dominant up until resistance line
- Resistance line will match up with 70.00 on RSI going into overbought
SL - 42.2pips
Overall Target - 233.5pips
R/R - 5.53
All indications must be met before entering trade.
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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.