Waiting for a Bearish signal from the structure of resistance. My targets will be set of the bottom of the support structure. Will be waiting for either big rejection candle of the Resistance line or a big engulfing bearish signal. Others could be a double top within the smaller time frames (1hr) or (4hr). Stop loss will be placed at the Resistance line.
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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.