It has been rejected multiple times at resistance zone at $40..
Now, if its unable to break $37.5 - $38 we are gonna short our position to given target and next demand zone which is we below $30.
Risk reward is above 2 so it is worth taking the risk here!
Now, if its unable to break $37.5 - $38 we are gonna short our position to given target and next demand zone which is we below $30.
Risk reward is above 2 so it is worth taking the risk here!
Trade active
I am short here SL is set at 41.50 and target is 29
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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.