The formation is about to be formed. RSI looks good for short positioning. Price targets and stop loss level are indicated on the chart. Good luck
Trade active
Note
We are updating the profit target levels according to the highs price saw after we open the position.Trade closed: target reached
Profit target 1 is reached. We can take the half of profit and set the stop loss to entry level.
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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.
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.