Structure broken to the downside -> Expecting new low. Price is correcting right now. Waiting for price to trade into immediate resistance area, orange rectangle, 61.8 Fib to go short.
*DISCLAIMER: Forex, Futures , stocks and options trading involves substantial risk of loss and is not suitable for every investor. None of the content published on this account constitutes a recommendation for investing your money. Trading is at your own risk.
Bình luận
Closer look 1H chart. Price produced new highs and retested the last high-area. Expecting the bulls to break through resistance and create another high at overall short area. Bulls are not done yet, at least thats my view.
Bình luận
Bình luận
Went short out of immediate resistance at 1277.55 with tight stop. Weak bull candles and good rotation to the downside on the 1H. Would reenter if price still trades higher into my overall short areas which are explained above. Check chart:
Bình luận
Edit: *15M.
Bình luận
Immediate short out BE - Aligning with structure until overall short area is reached. Check out my idea on the immediate OF.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.