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Price is approaching a major supply zone near the upper trendline of the channel. Watch for bearish rejection and confirmation before looking for short positions, targeting the lower channel support.
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Price is approaching a major supply zone near the upper trendline of the channel. Watch for bearish rejection and confirmation before looking for short positions, targeting the lower channel support.
Don’t forget to like and share your thoughts in the comments! ❤️
Trade closed: target reached
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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.