We are overbought in the 1 hour chart for both rsi and stoch. On flipside, we past a resistance zone outlined in the red box. The EMA ribbons have been crossed, it may be unwise to short scalp against the trend.
This is not a swing analysis, merely a scalp analysis. If you are scalping, scalp longs. take it from someone who is currently in an underwater short.
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.