This has the marks to be a classic move for a short. We have the down trend as you can see from the the set up. Also the 25% fibs that we created this down trend makes a X marks the spot for a possible entry not just to retest the trend line but that of the 25% zone guys.
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.