Looking at 
GM we see price being rejected at 44.00 with an engulfing candle(4H) & TweezerTop (1D), to then re-test the 44.00 price on 6/18
After the re-test, it's been a clean downtrend till the 37.00 price.
Once it bounced off 37.00 it continued to trade sideways for 13 days before it broke down on 8/13.
I expect the price to re-test 37.00 before it continues its way down to 35.00
I've taken a short & will continue to monitor for a bounce at that price
GM we see price being rejected at 44.00 with an engulfing candle(4H) & TweezerTop (1D), to then re-test the 44.00 price on 6/18After the re-test, it's been a clean downtrend till the 37.00 price.
Once it bounced off 37.00 it continued to trade sideways for 13 days before it broke down on 8/13.
I expect the price to re-test 37.00 before it continues its way down to 35.00
I've taken a short & will continue to monitor for a bounce at that price
Trading ditutup: target tercapai
I was able to close my position at 35.25 Yesterday Keeping an eye on 37.00 to see if resistance becomes support or gets rejected down.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.