Price is below resistance level
Price at 50 sma
Price can bounce back up to retest range top
Price has already gone to 100 sma, so price can fall past that level
Short trade
Sell Stop @ 111.05
Sell Take Profit @ 110.70 support level
Stop Loss @ 111.70
Price at 50 sma
Price can bounce back up to retest range top
Price has already gone to 100 sma, so price can fall past that level
Short trade
Sell Stop @ 111.05
Sell Take Profit @ 110.70 support level
Stop Loss @ 111.70
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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.