Looking for a short position, on weekly and monthly we've made a solid bearish reversal.
Ema's crossed, we have new lower highs formed
Currently near resistance/support level, waiting for a breakout to occur, then enter a trade.
Potential TP 76.059. Stop loss depends on your strategy and risk. But i think in this case we can have a quite tight one. 30 to 50 pips
The only thing i'm afraid of is MFI divergence on 4 hourly chart, but overall - i'm bearish on this trade.
OKAY, waiting for a confirmation. Good luck.
Monthly view
Weekly
Daily
Ema's crossed, we have new lower highs formed
Currently near resistance/support level, waiting for a breakout to occur, then enter a trade.
Potential TP 76.059. Stop loss depends on your strategy and risk. But i think in this case we can have a quite tight one. 30 to 50 pips
The only thing i'm afraid of is MFI divergence on 4 hourly chart, but overall - i'm bearish on this trade.
OKAY, waiting for a confirmation. Good luck.
Monthly view
Weekly
Daily
Analyzing...
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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.
Analyzing...
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.