Simple swing trade.
After exit long at previous trade. immediately short at 142.8.
Why?
1) price shown rejection.
2)monthly candle show its going to be bearish pattern.
3) weekly candle very bearish.
4)weekly price rejected in 2EMA , rejected on 50 EMA.
Trade with own risk.
After exit long at previous trade. immediately short at 142.8.
Why?
1) price shown rejection.
2)monthly candle show its going to be bearish pattern.
3) weekly candle very bearish.
4)weekly price rejected in 2EMA , rejected on 50 EMA.
Trade with own risk.
Trade closed manually
exit at 139.6 .Why price broken blue down trend line and rebound on support.
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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.