TF:1 HR
Price has formed a corrective structure and could sell from here if the formation breaks. Price looks like it might break the corrective structure signaling further downside from this area. The 1 hr candle will need to close below the trend line to validate this idea.
Price has formed a corrective structure and could sell from here if the formation breaks. Price looks like it might break the corrective structure signaling further downside from this area. The 1 hr candle will need to close below the trend line to validate this idea.
Note
Blasted through the stop like a hot knife through butter
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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.