The Daily shows a SELL signal right up under a solid resistance line plus we can see here on the 4 hour we are looking pretty topped out. Should be a good run down. I will try to let the trade ride and not set a hard take profit level.
0.7261 will prove to be a good support level that will need to be broken to provide further down, otherwise I will be looking for a bounce to carry the price UP for awhile.
0.7261 will prove to be a good support level that will need to be broken to provide further down, otherwise I will be looking for a bounce to carry the price UP for awhile.
Note
The Daily has some good SHORT biased indicators like 50 and 100 SMA as well as a SELL signal on today's candle.Note
Got caught in another one of my early signals... too soon, too soon.Note
FAIL... LOL
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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.