1. Last Sell Zone that started the sell off.
2. Shall wait to see how price reacts in that zone.
3. Short at 2703 for a good RR.
4. RSI is very overbought
5. Harmonic Bat pattern as well.
6. Volume is still low in this rally. A lot of sideline money on the fence, thus probability for another downward move is still possible.
*If price breaks this level, mindset will switch to bullish.
2. Shall wait to see how price reacts in that zone.
3. Short at 2703 for a good RR.
4. RSI is very overbought
5. Harmonic Bat pattern as well.
6. Volume is still low in this rally. A lot of sideline money on the fence, thus probability for another downward move is still possible.
*If price breaks this level, mindset will switch to bullish.
ملاحظة
Rising Wedge as well in the 1 hourly chart. We could see that heavy resistance by the rising wedge as well.
إخلاء المسؤولية
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إخلاء المسؤولية
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.