Bearish technical setup with RSI and MACD divergences foreboding a swift drop within the next several days. Targeting the forward 200 EMA level on the daily chart which coincides with the breakup candle high of roughly 3062. ETA to price target of roughly 10 calendar days (2/17/2020).
Trade closed: target reached
Closing this trade out. Came later than expected, but better late than never.
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.