THE SAFE HAVEN !
Hello Traders and everyone, HADI IS HERE
If you like the idea, do not forget to support with a like and follow.
As we can see price is over all bearish from a long and medium term perspective
however 1700-1670 is now acting as a resistance zone where we will be searching for sell setups
as we can see price for now is overall bullish trading inside this channel, what we will be searching is confirmation for the bears to reclaim the control again
For the bears to kick in again we need a new swing low to form around this trendline then a break
until that happens we are bullish and we can still dive more inside the resistance zone before the bears could take over
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
As we can see price is over all bearish from a long and medium term perspective
however 1700-1670 is now acting as a resistance zone where we will be searching for sell setups
as we can see price for now is overall bullish trading inside this channel, what we will be searching is confirmation for the bears to reclaim the control again
For the bears to kick in again we need a new swing low to form around this trendline then a break
until that happens we are bullish and we can still dive more inside the resistance zone before the bears could take over
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
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.
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.