As Market is on bearish cycle after break of 2880 structural support & gives closing of weekly below the previous week candle.
What scanario we have?
▪️ if H4 candle remains below the structure support at 2880 then Market will reamin on selling side towards 2850 and 2842 in extension.
▪️on the other hand, at moment all concerns about closing of H4 candles at 2880.if 2880 suffer and invalidated and closes above 2881-83 this chart will be invalid and wait the correction to buy.
What scanario we have?
▪️ if H4 candle remains below the structure support at 2880 then Market will reamin on selling side towards 2850 and 2842 in extension.
▪️on the other hand, at moment all concerns about closing of H4 candles at 2880.if 2880 suffer and invalidated and closes above 2881-83 this chart will be invalid and wait the correction to buy.
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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.