Many wick rejections and 1HR candle close at the $1338.35 dynamic level, as mentioned a break below the trendline could drive prices to the 1st psychological target of $1320.00
Great risk-reward for this trade 1:4
Great risk-reward for this trade 1:4
Trade active
Be aware of manipulative price action around the $1340.77 area
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Related publications
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.