Bmw is a short - target 74 Euro
Bmw has a very good risk-reward ratio for a short opportunity. Increased volumes have been detected in correspondence with a bearish closing Marubozu.
Price oscillator is moving below zero, giving confidence about the bearish cycle in place. Coppock curve is moving in a bearish modality as well.
Clear target for our short strategy is 74 euro, which represents a strong horizontal support.
Price oscillator is moving below zero, giving confidence about the bearish cycle in place. Coppock curve is moving in a bearish modality as well.
Clear target for our short strategy is 74 euro, which represents a strong horizontal support.
Trade active
Trade is moving on our favor. Keep the position, till reaching the target at 74
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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.