A horizontal level has formed, there are 3 clear touches. The price is consolidating on increased volumes. Potentially, I expect a local preload near the level to confirm the breakdown scenario. I recommend entering with increased activity in the glass upon breaking the level.
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.