All conditions met for classic short entry. Price is below the cloud, the extended cloud is bearish, the conversion line is below the base line, and the trailing chikou is also below the cloud. Short position entered at 4h closing price with stop loss set just above the cloud and profit point at 2x the risk.
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.