Hi Traders. After the first retreat the price breakout the up trend, and retests the resistance, and the 0.618 fib
The level proved its strength the first time with the 4h downtrend, it is difficult to break it.
good setups to go short 1/2.4R or more
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.