I am a little torn on this trade, I was initially thinking of maybe going long but after studying the chart further to me it looks more bearish than bullish. Also on the hourly chart, it looks like there may be a head and shoulders pattern forming. I have set up a bearish trade but will watch this closely Monday and if it looks strong I may flip this and go bullish.
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.