Price is forming a range failing to create a trendy market since February.
If price is continuing to goes up to the resistance level, SMA(200) combined with resistance level will be a perfect zone to trigger a SHORT position.
Waiting for the price to reach this key zone to take action.
0.5 Fibonacci level will be then, a perfect take profit.
MT
If price is continuing to goes up to the resistance level, SMA(200) combined with resistance level will be a perfect zone to trigger a SHORT position.
Waiting for the price to reach this key zone to take action.
0.5 Fibonacci level will be then, a perfect take profit.
MT
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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.