Entry 25.70
Target bottom of channel
Stop- break through trend line around 26.50
Target bottom of channel
Stop- break through trend line around 26.50
Note
After breaking through the trendline, formation of a double top right back to the trend line with very weak macd histogram looks like a potential short position with a downside breakout below the trendline. Will keep an eye on this one.
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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.