I see a few short signs
- 50MA crossed 100MA - bearish
- hit resistance and couldn't push through - ended up being an indecision candle.
It's likely to go down to 0.86
Set stop-loss at slightly above the upper trendline.
However, below-average volume on the way up
- 50MA crossed 100MA - bearish
- hit resistance and couldn't push through - ended up being an indecision candle.
It's likely to go down to 0.86
Set stop-loss at slightly above the upper trendline.
However, below-average volume on the way up
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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.