Hi,
Firstly, on this chart is not possible to see but on the 4 h chart the BB bands are very near to each other. Next, we see big divergence on the 1h chart over the long period (red line), but also on a shorter period (pink line) (ALSO 30 M chart see my previous ideas). In addition, we just broke the blue support. I will go for short.
YET!!! Should we have an aggressive push on the up side I will reconsider my position
Firstly, on this chart is not possible to see but on the 4 h chart the BB bands are very near to each other. Next, we see big divergence on the 1h chart over the long period (red line), but also on a shorter period (pink line) (ALSO 30 M chart see my previous ideas). In addition, we just broke the blue support. I will go for short.
YET!!! Should we have an aggressive push on the up side I will reconsider my position
Trade closed: target reached
I am out.
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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.