From the indicator, we can see a hidden bearish divergence and combining with bearish penant and and wave analysis.
As you could see in the chart, I would like to open short for BTCUSDT.
Of course as usual, find the best lower timeframe rejection confirmation to support your conviction.
Wish us Luck.
Cheers.
As you could see in the chart, I would like to open short for BTCUSDT.
Of course as usual, find the best lower timeframe rejection confirmation to support your conviction.
Wish us Luck.
Cheers.
Trade closed: stop reached
Break Even
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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.
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.