Well it looks easy. Bearish pennant. Target 6200. Wait for the breakout to confirm or retrace from 1h 20EMA.
Trade active
Actually it doesn't breakout as i expected and it hit my stop loss. Watching EMAs. Breaking through 20 1H ema can result in bounce to around 7k.
Note
Well well well. I closed my shorts around 6680. No breakdown confirmation. It's better to watch the price action cause we can watch small short squeeze and bounce to 7k area. Bart and that stuff.
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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.