Pretty simple.
Don't trade against a trend. Short that bad boy and set sensible stop loss.
Don't trade against a trend. Short that bad boy and set sensible stop loss.
Note
Bearish divergence has formed in RSI.Note
EDIT: Bearish divergence has formed in the 1 hour RSI.
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.
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.