Divergence in the CCI, downward channel back to support at 28.00. Buying the SOXS to execute the trade plan
Note
Working out, following the arrows as anticipated, time to go short soonNote
momentum has gone negative, cci has not moved upward along with priceNote
Note
Not financial advice. Close out short if the daily closes above the black line
Note
price exploded upward and closed the trade for a loss when it closed above the black 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.