Daily
H4
What to do now?
#Good Luck to all traders!!!#
- Testing the key resistance ( purple line )
- Weak bullish momentum showed from the MACD due to the exhaustion of the histogram
- RSI indicated a death cross at the 80 levels and ready to turn down
H4
- reversal signal formed (yellow box)
- MACD histogram shows the exhaustion of bullish momentum
- Death cross formed at RSI
What to do now?
- Short the market immediately
- Please do your own proper risk management
#Good Luck to all traders!!!#
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.