We could be having one of the following patterns play out. Track Price action to determine a loss in momentum to the upside at or near the indicated areas.
Note
We are currently looking at a shorting opportunity based on structure and loss in momentum. Look to see if bearish structure is impulsive or corrective.
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.