IF price fails to break through the current price zone, we should see further downside movement
Wait for candlestick confirmation
Use R:R of 1:3
We have momentum loss on higher Time frames
Wait for candlestick confirmation
Use R:R of 1:3
We have momentum loss on higher Time frames
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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.