Looking at the chart we can see that the price is moving in a zone of resistance that was respected in the past.
We do see that there was also one breakout of the zone and after that a big drop.
I would go short now and see what the deal is. For now I would only risk 0.2% and not more because this is for me more a way to see what the price does here.
We do see that there was also one breakout of the zone and after that a big drop.
I would go short now and see what the deal is. For now I would only risk 0.2% and not more because this is for me more a way to see what the price does here.
Note
Resistance zone was already broken before we got in. Trade invalid.
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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.