Bull Trap!
Updated
still think we have room to go higher,Resistance at the mentioned level and we'll test the short.
Waiting for the price to revisit 2291.13 We want to see support here, based on the price resisting we'll take a action price will decrease today or tommorow this level must be retest first...
Waiting for the price to revisit 2291.13 We want to see support here, based on the price resisting we'll take a action price will decrease today or tommorow this level must be retest first...
Note
my plan for tonight and tommorow looking for best short postion, where can i put near stop loss.. it seems I had guessed correctly that the price increase was a trap!Note
Yesterday we were looking for price to fall near the levels of 2291..Now 2 scenarios may happen:
1- The price breaks this level and forms a lower low.
2- It is possible that near this level, the bulls will take control again, in which case it should be said that the long-term down trend is over.
Trade closed manually
Bulls running... senario 2 it will happen i looking for long setup
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.