Major resistance at 2088 respected .
Made a evening star candle from resistance.
Bearish divergence.
Double top formation.
Fib level 0.618 is respected from the top 2107 indicates bearish move.
Next support level is 2065
Bullish indications:
HHHL intact.
Trade plan bias short @ 2082.7
SL:2090
TP1:2075
TP2:2068
Made a evening star candle from resistance.
Bearish divergence.
Double top formation.
Fib level 0.618 is respected from the top 2107 indicates bearish move.
Next support level is 2065
Bullish indications:
HHHL intact.
Trade plan bias short @ 2082.7
SL:2090
TP1:2075
TP2:2068
Note
Closing the trade possible trending move continued
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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.