Well, it does looks like short needs to be shorted.
I mean on bigger timeframes, the price has been rejected and corrected hard from the 3,533 area. This also means that there is tons of liquidity that is waiting to be taken above that level.
So just to cut short the confusion, technically, once the price tapped into that level, it rejected and broke a bullish leg. So technically i would say that we are at least going to correct.
Also i have identified the area of interest with entry and targets.
Hopefully it goes through.
I mean on bigger timeframes, the price has been rejected and corrected hard from the 3,533 area. This also means that there is tons of liquidity that is waiting to be taken above that level.
So just to cut short the confusion, technically, once the price tapped into that level, it rejected and broke a bullish leg. So technically i would say that we are at least going to correct.
Also i have identified the area of interest with entry and targets.
Hopefully it goes through.
Order cancelled
The price hit my TP before activating the trade. So we call it a void this time. :(
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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.