On W chart we see how much space to fill before to reach oversold area.
This means we can keep our short position for at least one more week.
We see the black channel to set Stop loss.
This means we can keep our short position for at least one more week.
We see the black channel to set Stop loss.
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Related publications
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.