Price is currently at a Daily resistance zone. Drop to a lower time frame and wait to see if price forms a reversal pattern and continues to respect this zone before looking for a bearish entry.
However, if price breaks above this Daily resistance zone, look out for a retest on a lower time frame before entering a buy.
However, if price breaks above this Daily resistance zone, look out for a retest on a lower time frame before entering a buy.
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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.