Barring a bounce off of the 21 EMA I see short lining up here
Price heading below 21 EMA
RSI about to drop below 50
DMI about to cross downwards
Stoch RSI crossing down under 80
SHORT 6850
SL 3%
TP 10%
Price heading below 21 EMA
RSI about to drop below 50
DMI about to cross downwards
Stoch RSI crossing down under 80
SHORT 6850
SL 3%
TP 10%
Note
And bounce we did. 21 EMA holds strongI post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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.
I post my trade ideas as a tool to check historical results and improve. Any comments, corrections or criticism are welcome. Progress not perfection.
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.