Hi! According to the chart, I call short because:
1. Rising Wedge pattern
2. A hidden bearish divergence between RSI and price action on 4hr and 6hr timeframe
3. Macd trend to move down
4. resistance 9k
5. RSI daily is overbought
It just my idea which is not recommended to buy or sell, and you have to manage your own risk and reward yourself.
1. Rising Wedge pattern
2. A hidden bearish divergence between RSI and price action on 4hr and 6hr timeframe
3. Macd trend to move down
4. resistance 9k
5. RSI daily is overbought
It just my idea which is not recommended to buy or sell, and you have to manage your own risk and reward yourself.
Trade closed: target reached
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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.