As the overall trend is bearish, there is still a chance for a countertrend trade
stops need to go below previous lows
and if your not a fan of countertrend trade,
you could wait for a LLLC (lower low, lower close) confirmation,
and wait for the retracement upwards,
and sell to hop on the trend.
stops need to go below previous lows
and if your not a fan of countertrend trade,
you could wait for a LLLC (lower low, lower close) confirmation,
and wait for the retracement upwards,
and sell to hop on the trend.
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.
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.