DGB bounce- short term 5-10% trade
Updated
Expecting a bounce off 200 EMA, purely psychological considering the big bear div recently. Tight SL's on this one.
Note
should've just followed the indicator instead of basing it off psychological levels...Trade closed manually
dipped a bit lower than originally thought but 200 EMA still proved to show support, closed trade due to 5-10% target reached and there's a big hidden bearish div formed.
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.