The price is following a negative trajectory and the structure looks weak.
The breakdown of 164.25 could open the levels of 154.75 which is about 6% from the breakdown level. Wait for the trend to begin.
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The breakdown of 164.25 could open the levels of 154.75 which is about 6% from the breakdown level. Wait for the trend to begin.
Disclaimer :This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Trade active
Today I entered a short position on the breakdown of the previous candle low also the price opened below the previous candle close.
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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.
Related publications
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.