The Parameter known as TOTAL has a currently working bearish pennant formation.
Market is bearish and every green candle on Total means another Short opportuinty.
If Total breaks 2.58T (which is a montly pivot value), we can expect more dumps. 2.36 would be the main target.
When Total reachs 2.36, look for a long wick. If the daily candle close isn't happening, it's a Long opportuinty.
Market is bearish and every green candle on Total means another Short opportuinty.
If Total breaks 2.58T (which is a montly pivot value), we can expect more dumps. 2.36 would be the main target.
When Total reachs 2.36, look for a long wick. If the daily candle close isn't happening, it's a Long opportuinty.
Trade closed: target reached
Reversal might be coming in here as well. If you had taken shorts, time to take profit. 
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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.
Related publications
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.