Try #1 to catch the top: given the lack of momentum here it's a quite nice r/r even if target is not being reached.
Daily Timeframe still pretty strong, but in danger zone given mean reversion strategies.
Daily Timeframe still pretty strong, but in danger zone given mean reversion strategies.
Note
partial profit on 7000 - first support area here Stop loss moved into profit
Note
current SL at 7432 for the short
We have printed a long setup based on negative RoC and CR up which we will take and let the market decide which positions stays alive
Trade closed manually
Closing the short position and letting the long ride.
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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.