Good Morning, Traders.
As always, please note that this is not financial advice — always do your own research (DYOR).
This morning, we are observing the development of a descending triangle pattern on the 15-minute timeframe, forming at a critical support level. This technical formation is often indicative of bearish momentum.
Should the price action decisively break below this key support, it would signal a potential shorting opportunity. Such a breakdown could trigger accelerated selling pressure, offering the possibility of favourable risk-to-reward setups for short positions.
Traders are advised to closely monitor price behavior around the support line, watch for increased volume on the break, and ensure proper risk management before entering any positions.
Stay vigilant and trade smart.
As always, please note that this is not financial advice — always do your own research (DYOR).
This morning, we are observing the development of a descending triangle pattern on the 15-minute timeframe, forming at a critical support level. This technical formation is often indicative of bearish momentum.
Should the price action decisively break below this key support, it would signal a potential shorting opportunity. Such a breakdown could trigger accelerated selling pressure, offering the possibility of favourable risk-to-reward setups for short positions.
Traders are advised to closely monitor price behavior around the support line, watch for increased volume on the break, and ensure proper risk management before entering any positions.
Stay vigilant and trade smart.
Trade attivo
Entered at 3,208.44Nota
Target 3,161Trade chiuso manualmente
Closed with some nice profit , news coming up in a bit more than a hour so want to get out 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.