Here we see price has been falling since the beginning of the day.
We can enter a short position on the
fib level ( .75 / .625 )
It all depends on your risk reward ratio.
Here price may also reverse only by targeting liquidity seen almost at the daily high.
Patience is key.
Lets wait for NY session where we may be able to have a clear confirmation of today's session.
We can enter a short position on the
fib level ( .75 / .625 )
It all depends on your risk reward ratio.
Here price may also reverse only by targeting liquidity seen almost at the daily high.
Patience is key.
Lets wait for NY session where we may be able to have a clear confirmation of today's session.
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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.