Short
Wirecard AG: Up-move looses its momentum
Recent bullish tendencies on wirecard seem to be near exhaustion, enabling a possible short selling. Resistant fractals and lower highs indicate that a consolidation and bearish move could be coming. Shorting would result in a low risk trade, since the recent swing highs are close to the current price, thus providing an excellent SL level, that would invalidate the setup should price move above it.
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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.