bears points:
1 - Price action has reached a major resistance zone.
2 - bearish divergence on RSI
3 - Previous LH still intact
bulls points:
1 - Strong bullish candles on daily TF seems bulls are not taking a breather anytime soon
2 - Abcd pattern projections are 168-170 price point.
Any fresh entry must be supported with stoploss protection.
1 - Price action has reached a major resistance zone.
2 - bearish divergence on RSI
3 - Previous LH still intact
bulls points:
1 - Strong bullish candles on daily TF seems bulls are not taking a breather anytime soon
2 - Abcd pattern projections are 168-170 price point.
Any fresh entry must be supported with stoploss protection.
Trade closed: target reached
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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.