The WEEKLY time-frame shows a bear flag.
Price is below the Ichimoku Cloud as well; signals a downtrend.
Action plan: Sell call options (vertical spread) when there is a pullback i.e. when the price goes up.
More trading resources:
patreon.com/drwealth
Price is below the Ichimoku Cloud as well; signals a downtrend.
Action plan: Sell call options (vertical spread) when there is a pullback i.e. when the price goes up.
More trading resources:
patreon.com/drwealth
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.
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.