After the top around 19.6K we are now in a short term downtrend.
A downward channel may be forming ... if so we are close to the top of this channel during the current push up.
If we break this channel it becomes invalidated and we will see further upward movement.
if not ... it may be a nice moment to take a (new) short :)
A downward channel may be forming ... if so we are close to the top of this channel during the current push up.
If we break this channel it becomes invalidated and we will see further upward movement.
if not ... it may be a nice moment to take a (new) short :)
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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.
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.