The market has formed a clear bearish harmonic pattern indicating a potential reversal. The descending trendline (in red) is acting as a strong resistance level. Price is currently retesting this zone, which has previously caused rejections.
Trade Setup:
Entry: Around 3358
Stop Loss: 3431
Take Profit 1: 3238
Take Profit 2: 3092
Take Profit 3: 2959
Risk/Reward Ratio: Greater than 1:3
This setup offers a strong short (sell) opportunity as the price approaches key resistance with signs of rejection.
Note: This analysis is for educational purposes only. Please do your own research before taking any trade.
Trade Setup:
Entry: Around 3358
Stop Loss: 3431
Take Profit 1: 3238
Take Profit 2: 3092
Take Profit 3: 2959
Risk/Reward Ratio: Greater than 1:3
This setup offers a strong short (sell) opportunity as the price approaches key resistance with signs of rejection.
Note: This analysis is for educational purposes only. Please do your own research before taking any trade.
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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。