Regression Trend with HIGH CORRELATION.
We are in the high part of the channel, meaning it's time to short.
Aggressive SL (RECOMMENDED, BASED ON PREVIUS REJECTIONS TO CHANNEL)= $91.7
Conservative SL = $92.7 or $93.7
TP = $85, then you can use trail stop with the channel upper line.
We are in the high part of the channel, meaning it's time to short.
Aggressive SL (RECOMMENDED, BASED ON PREVIUS REJECTIONS TO CHANNEL)= $91.7
Conservative SL = $92.7 or $93.7
TP = $85, then you can use trail stop with the channel upper line.
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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.