The price tested the previous top and generated shooting star in 16 hours time frame,
SlowStoch and RSI are in over bough level.
The price could be continue moving in a big side way channel.
There are three possible take profit positions.
SlowStoch and RSI are in over bough level.
The price could be continue moving in a big side way channel.
There are three possible take profit positions.
Trade closed manually
Close the short trade at this momentTrade active
The price dropped back to the channel, try to open short order again
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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.