Bearish indications:
Made new low with the large red candle.
Support level is broken.
Currently at retracement before it falls further.
Trendline broke out.
Fib level 0.618 from the high.
Head and shoulder pattern completed which indicated the trend reversal.
Trade Plan sell limit @ 135.317
SL: 137.101
TP1:133.657
TP2:132.943
Made new low with the large red candle.
Support level is broken.
Currently at retracement before it falls further.
Trendline broke out.
Fib level 0.618 from the high.
Head and shoulder pattern completed which indicated the trend reversal.
Trade Plan sell limit @ 135.317
SL: 137.101
TP1:133.657
TP2:132.943
Note
Projection reachedDisclaimer
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.