After a magnificent breakout from resistance on a bigger timeframe, we are looking here for a potential "fakeout" to form, which would lead price back to lower zones.
On a smaller timeframe, it is not so clear if we will get the breakdown or not, but we are aiming here for this kind of movement!
Swallow Team
On a smaller timeframe, it is not so clear if we will get the breakdown or not, but we are aiming here for this kind of movement!
Swallow Team
Note
We can see how respected that 200EMA has been, but with the last dump, we had a nice breakdown from there, and as of now, it has had some struggles to maintain this zone. If we do not see any clean recovery by the end of this week, we will see further movement to lower zones (potentially again re-testing this zone)
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⚡️ Short-Term + Mid-Term Trades
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⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.