After a strong break of structure, the price has been trapped in the compression zone. Also today the price is rejected by the resistance level of 128. The probability of a negative candle is more than 65%. For Intraday the level of 128 and 124 is important for trade decisions.
Intraday 5m | Trend Negative
https://www.tradingview.com/x/gH9TVNz7/
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Intraday 5m | Trend Negative
https://www.tradingview.com/x/gH9TVNz7/
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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