Waiting for the reduction
Description :
After a strong and long uptrend, it has been sideways and now tends to decline
As we can see, the peaks are respectively lower than each other
If the minor support we see breaks with strength and stabilizes below it, we can announce the beginning of a downward trend.
There is also a cross between MA 20 and 50 clusters.
In this situation, it is better not to look for a long position and consider shorts.
After a strong and long uptrend, it has been sideways and now tends to decline
As we can see, the peaks are respectively lower than each other
If the minor support we see breaks with strength and stabilizes below it, we can announce the beginning of a downward trend.
There is also a cross between MA 20 and 50 clusters.
In this situation, it is better not to look for a long position and consider shorts.
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