Confluences to short:
1. Breaking out of the rising Bear Flag (watching)
2. Head and Shoulder pattern (confirmed)
3. Bearish Divergence on WEEKLY (confirmed)
4. Closing and retesting below 50 days EMA (watching)
Will be updating you guys on step by step process, stay tuned.
NOTE: DON'T SHORT IT YET, WAIT FOR ALL THE CONFIRMATION. TRADE AT YOUR OWN RISK.
1. Breaking out of the rising Bear Flag (watching)
2. Head and Shoulder pattern (confirmed)
3. Bearish Divergence on WEEKLY (confirmed)
4. Closing and retesting below 50 days EMA (watching)
Will be updating you guys on step by step process, stay tuned.
NOTE: DON'T SHORT IT YET, WAIT FOR ALL THE CONFIRMATION. TRADE AT YOUR OWN RISK.
Note
seems like the red scenario is happening as shown above after grabbing more liquidity.Related publications
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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.