Currently on the hour timeframe there are signs price is overextended to the downside and maybe due for a pullback into resistance at the Order Block. Once price hits the OB expect price to go lower to take profit target. Also price is forming a possible head and shoulders pattern too.
Please manage your risk carefully.
Please manage your risk carefully.
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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.