As seen from chart, the price has hit the trendline.
Price is predicted to move towards the nearest support level and bounce back up and proceed with trend continuation.
Short position further confirmed by RSI and Stoch as both are in overbought zone.
Do let me know what you think.
Price is predicted to move towards the nearest support level and bounce back up and proceed with trend continuation.
Short position further confirmed by RSI and Stoch as both are in overbought zone.
Do let me know what you think.
Trade closed: target reached
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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.