The price has formed a channel pattern on the 15-minute timeframe. We can enter the trade now with a close below 2860, targeting 2900 above. The only concern at the moment is the CPR pivot. Let’s see whether the price respects the price action or the CPR level.
Subscribe our Youtube and Telegram channel (Breakout_Spotter) now using the link below to get recommendations for Intraday, breakout and swing trading! t.me/+Jrf3zWm9cM1mODI1
Also on:
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.