The volume has been getting lower and lower as we reached new highs and it seems that we are just running on steam. I am not taking positions yet as I didn't get a signal from my systems but this is looking very bad.
Trade active
Shorting
Trade active
Shorting more
Trade active
Bearish engulfing pattern on the 1 hour, adding more.
Trade active
Support failing, adding more.
Note
If you have missed the boat on the initial breakdown, this might be the chance if resistances are able to hold.
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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.