I am watching this very closely to see whether the previously broken support could stand as resistance for this move. Nice structure on left ,I will be waiting for some kind of candle confirmation to short this below 1345 area with the stop loss around 1351 with open take profit.
two possible short entries: 1349 and 1345
Reasons for this bold counter trade:
a. 4hr ma34 (resistance)
b. 50% Clone level
c. good Structure on left.
two possible short entries: 1349 and 1345
Reasons for this bold counter trade:
a. 4hr ma34 (resistance)
b. 50% Clone level
c. good Structure on left.
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I am a Chart Slave.Thank you TradingView and @nmike.