- Bearish 200SMA & 200EMA crossover.
- Ichimoku Cloud will reinforce the double MA resistance.
- Closed below previous support zone.
- Price action bearish MA crossover
- Bearish MACD
- In oversold range even with high buy volume
- Trending down and people panicking
- Take profit at FibE levels
- Ichimoku Cloud will reinforce the double MA resistance.
- Closed below previous support zone.
- Price action bearish MA crossover
- Bearish MACD
- In oversold range even with high buy volume
- Trending down and people panicking
- Take profit at FibE levels
Note
Moved stop loss to 280 above MAsNote
Closed out.Note to self- never short on the bottom of a trend channel unless a break is confirmed
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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.