Short term trend seems to be down, although I am still bullish overall. I like this area for a small short but I am ready to take a loss on the trade if we make a higher high. To me, on higher time frames we either eventually visit 380, maybe 350-360 range or we are already done with this short move down and are ready to go parabolic again. Nonetheless, I like this short here.
Note
Trade closed...stopped out at 235Note
*435
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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.