The market has broken through the upward trendline and the pullback is coming now.
The downward trendline also gives the resistance.
Meanwhile the 0.618RET locates at about 1215 levels and the previous structure also works at this zone.
So it may be good to sell at 1215-1216 levels when price action gives the signal in the PRZ.
SL:above 1220
TP1:1206
TP2:1200 and further more
The downward trendline also gives the resistance.
Meanwhile the 0.618RET locates at about 1215 levels and the previous structure also works at this zone.
So it may be good to sell at 1215-1216 levels when price action gives the signal in the PRZ.
SL:above 1220
TP1:1206
TP2:1200 and further more
Trade active
Note
TP1 reached.Note
TP2 reached.Note
Very nice,1190 reached.Note
More profits have been taken.
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.