DT was in a nice uptrend channel until it broke the Trendline recently.
Now its forming a bear flag, lets wait for 45 break for a proper textbook short entry
or
if you've risk appetite, build your short position early.
As the market breaks this sell off can accelerate.
Downside Target - 40
Now its forming a bear flag, lets wait for 45 break for a proper textbook short entry
or
if you've risk appetite, build your short position early.
As the market breaks this sell off can accelerate.
Downside Target - 40
Trade closed: stop reached
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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.