In the 45m time frame, while at 1930 it can continue its downtrend pattern. Or can breakthrough the resistance around 1940 an go upwards or it will retrace back down and break through the support at 1920 keep its down trend.
Buy signal would be after it breaks up to 1949 with SL at the support 1925 and TP at 1980
Sell signal would be the it breaks down through 1925 support, this one becoming a new resistance, with a TP between 1894 and a SL around 1949.
Buy signal would be after it breaks up to 1949 with SL at the support 1925 and TP at 1980
Sell signal would be the it breaks down through 1925 support, this one becoming a new resistance, with a TP between 1894 and a SL around 1949.
Note
After a day, a Head and Shoulder in being formed.Potential short sell !!
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.