Currently Trading at top of 20 year weekly channel Triple top formation Currently in distribution phase Weekly bearish matured divergence This is expected top of market Bearish Activity expected on break of distribution phase
Trade active
Channel Top test and breakdown with long bearish candles, short sell around 7950 - 8000 level
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.
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.