Bearish short term:
- lower high
- trendline support is broken
- price is below 0.23 Fib
- Aroon gives sell signal
Expecting a retracement or dump (time to cut off longs).
TP or "buy the dip":
1) 8675 (0.5 Fibs)
2) 8250 (0.618 Fib)
- lower high
- trendline support is broken
- price is below 0.23 Fib
- Aroon gives sell signal
Expecting a retracement or dump (time to cut off longs).
TP or "buy the dip":
1) 8675 (0.5 Fibs)
2) 8250 (0.618 Fib)
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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.
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.