We can see price gapped bearish to a price level of support and we are currently filling the gap. There is potential for price to retrace to our entry marked with the grey line as a means of gaining momentum before price continues bearish .
Grey line - entry
Red line - stop loss
Green line - take profit
Risk exposure - 1%
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Grey line - entry
Red line - stop loss
Green line - take profit
Risk exposure - 1%
Follow me for more analysis and educational posts.
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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.
Related publications
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.