Based on price action, price has broke a upward trend which was rejected by a monthly resistance level. Price has been in consolidation . Should price expand downwards we shall be looking for shorts on a lower timeframe preferably with a sell stop order in order to trade with stronger momentum
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.