Sell on strength
Buy: 52.75
SL: 53.65
Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level.
Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well.
Cheers.
Buy: 52.75
SL: 53.65
Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level.
Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well.
Cheers.
Trade active
1st TP reached. I expect a further push down now towards my final TPTrade closed: target reached
As expected, final TP reached. (+4.11%)
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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.