-PRICE TRAP -REJECTING OFF DOUBLE RESISTANCE 1) DOWNTREND RESISTANCE FROM BIGGER TIME FRAME 2) HORIZONTAL MAJOR RESISTANCE -REJECTING OFF PIVOT POINT -HITTING 50-61.8 ZONE USING FIBONACCI -REJECTING OFF MA200 ON 15 MIN TF -POSSIBLE EVENING STAR FORMATION AT THE TOP OF THE PRICE TRAP INDICATING PRICE SHOULD GO LOWER -RSI CONFIRMING PRICE IS GETTING WEAKER/ OVERBOUGHT
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.