Looking at 4h we see a rising wedge with decreasing volume.
Bearish MACD crossover about to take place, and RSI looking to break its trend.
Look for first support at 7350 and secondary support at bottom TL - roughly 7k
Bearish MACD crossover about to take place, and RSI looking to break its trend.
Look for first support at 7350 and secondary support at bottom TL - roughly 7k
Trade closed manually
Closing short position and going long with a TP of 7.6k perhaps higher if the market allows it.Note
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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.