DAI becoming bearish
Updated
XETR:DAI
Hi guys , how are you doing ? , I hope you're fine and having a nice time
Let's take a look at DAI stock and check it technically :
- the price is moving in a downtrend and according to candlesticks and momentum the bulls are not gonna break this downtrend .
- the price has touched a polarity change range which has acted as a resistance lately
- also the price is now in 0.618 Fib retracement
I think we need to wait for price action and confirmations and then we can enter a short position ..
what's your idea guys ?
I'd be glad if u comment your view about it
Hi guys , how are you doing ? , I hope you're fine and having a nice time
Let's take a look at DAI stock and check it technically :
- the price is moving in a downtrend and according to candlesticks and momentum the bulls are not gonna break this downtrend .
- the price has touched a polarity change range which has acted as a resistance lately
- also the price is now in 0.618 Fib retracement
I think we need to wait for price action and confirmations and then we can enter a short position ..
what's your idea guys ?
I'd be glad if u comment your view about it
Note
*this is just a personal analysis and this person has no responsibility of your trade and risk*Order cancelled
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