We discussed this market yesterday and the inside bar and bearish rejection candlestick that price had formed at the daily resistance level.
Price has now sold away from that level and is moving lower into support.
This support looks crucial.
Not only has this support level held in recent times as a support level, but also as an important daily chart resistance level.
If we get a break below this level, then there is a lot of free space for price to move lower and break free into.
A break of this level would also open the door for short trading opportunities on the daily and smaller time frames.
Price has now sold away from that level and is moving lower into support.
This support looks crucial.
Not only has this support level held in recent times as a support level, but also as an important daily chart resistance level.
If we get a break below this level, then there is a lot of free space for price to move lower and break free into.
A break of this level would also open the door for short trading opportunities on the daily and smaller time frames.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。