the onset of the financial crisis we are heading in could tempt stocks to breach new lows, on a technical standpoint, the price hasn't yet reached the key level and has accumulated more selling power over time. A lot of supporting confluence around the region in which I pointed out price could be heading towards.
-great risk/reward ratio of 1:5
-great risk/reward ratio of 1:5
Trade closed: target reached
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.