Price is well below the daily pivot level.
The Lagging Span (LS), in blue on my chart, just broke the price to the downside which is the bottom of the current structure (support for the last 19 hours) indicating an imminent sell-off.
I am selling now @ market price and will target the next fib level (reversed) as shown in my chart.
Trade at your own risk
The Lagging Span (LS), in blue on my chart, just broke the price to the downside which is the bottom of the current structure (support for the last 19 hours) indicating an imminent sell-off.
I am selling now @ market price and will target the next fib level (reversed) as shown in my chart.
Trade at your own risk
Note
Added to my shorts, expecting the downtrend to continue at least on the next H4 candleTrade closed: target reached
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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.