Short
CND downtrend
Disclaimer:
I'm just a beginner in trading. This is by no means an advice but rather a basis for discussion.
Bullish:
o RSI Oversold
o Hammer candle signals reversal
Bearish:
o Clear downtrend channel. 5 touches on the lower downtrend line.
o not in lower BB anymore
o MACD looks close but not like a trend change
o pretty low volume
In sum it looks more bearish to me. What do you think?
I'm just a beginner in trading. This is by no means an advice but rather a basis for discussion.
Bullish:
o RSI Oversold
o Hammer candle signals reversal
Bearish:
o Clear downtrend channel. 5 touches on the lower downtrend line.
o not in lower BB anymore
o MACD looks close but not like a trend change
o pretty low volume
In sum it looks more bearish to me. What do you think?
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.