Short Term Trend: Bearish.
Price Action Signals: A bullish Pin Bar Signal formed above the $1764 support level (counter trend). Price moved down strongly from a Bearish Pin Bar signal that formed around the $1850 to $1875 resistance zone around 2 weeks ago.
Potential Trade Ideas: We are considering trading shorts from a Bearish Price Action Signal on the 1 hour, 4 hour or daily chart, whilst price remains under the $1850 to $1875 resistance zone.
Price Action Signals: A bullish Pin Bar Signal formed above the $1764 support level (counter trend). Price moved down strongly from a Bearish Pin Bar signal that formed around the $1850 to $1875 resistance zone around 2 weeks ago.
Potential Trade Ideas: We are considering trading shorts from a Bearish Price Action Signal on the 1 hour, 4 hour or daily chart, whilst price remains under the $1850 to $1875 resistance zone.
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.
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.