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the price was rejected by strong resistance and can return to previous strong support that is inside the range, which means we can take a short positio. Also lower highs.
if price lose strong support level we can continue to short it
Please follow the Trading View profile to support my work
Guys make your own analysis before you trade this idea!
the price was rejected by strong resistance and can return to previous strong support that is inside the range, which means we can take a short positio. Also lower highs.
if price lose strong support level we can continue to short it
Please follow the Trading View profile to support my work
Guys make your own analysis before you trade this idea!
Comment:
we completed one target. now I recommend short only if price lose local support (blue dashed line inside the range) or will be rejected from resistance trendline.