Short

Big drop incoming

By ruraldisturbance

Updated

Lowers high and lower lows. The diamond reversal is not confirmed until price action gets and stays above the 200 day MA. There is likely a big drop incoming that will coincide with the rate cut.

Note

This appears to be an invalid idea

Trade active

The change in trend was marked with the green arrow, I noticed it, but was not yet convinced.

ruraldisturbance

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.