Preceeding trend is strong bearish. When this retracement finishes and price moves down to make a lower low, there's a good short trade here with an 1:2.8 RR till the next SR zone.
Trade closed: target reached
News made this all over in a second :)
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.