As we can see on the MAJOR KEY LEVEL where price formed multiple rejections and reversed, this is a confirmation of selling pressure also price broke out of our Previous support and retested it that gave us a New resistance which shows us that bears/sellers have potential to push it down and we already have multiple confirmations of that along with our Downtrend trendline being respected. If price shows a rejection candlestick on the trend line then that is our confirmation price will go down
what are your views guys?
what are your views guys?
Order cancelled
The market didn't give us proper rejection to enter
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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.