Mid-term: I think we are completing wave 5 according to Elliot Wave. Waiting for a confirmation of momentum shift to open a short. The volume on big timeframes is still declining.
Long-term: From a long-term perspective, bullish megaphone should provide strong support.
Short positioning:
Open: ~ 15k
Close: ~ 12.6k
Taking profits along the way is wise.
Of course, no trading advice.
Long-term: From a long-term perspective, bullish megaphone should provide strong support.
Short positioning:
Open: ~ 15k
Close: ~ 12.6k
Taking profits along the way is wise.
Of course, no trading advice.
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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.