D1 - Price is on a daily structure level
H4 - Price closed below previous low
H1 - Waiting the price to test previous low now resistance
M15 - Waiting double bottom or bearish RSI(10) Divergence
Sell entry around 51.42
Stop loss above 51.37
Take profit 49.10 (0.382 FIB retracement from last swing high)
Risk-reward ration 2.43
Waiting for Buy signal around 49.10
H4 - Price closed below previous low
H1 - Waiting the price to test previous low now resistance
M15 - Waiting double bottom or bearish RSI(10) Divergence
Sell entry around 51.42
Stop loss above 51.37
Take profit 49.10 (0.382 FIB retracement from last swing high)
Risk-reward ration 2.43
Waiting for Buy signal around 49.10
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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.