****** LOW DRAWDOWN SHORT OPPORTUNITY *****
Beautiful downtrend. Possible opportunity to Short!
1. Wait for price to fully retrace to strong resistance level.
2. Price should begin showing weakness ( reversal candle/retest ) to resistance.
3. Could ride down to first TP point, or second.
1. Wait for price to fully retrace to strong resistance level.
2. Price should begin showing weakness ( reversal candle/retest ) to resistance.
3. Could ride down to first TP point, or second.
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.