Every healthy trend has corrections.
And the bottom of the channel sits at around same place where 50SMA on 4H will be.
Short today, long weekly.
And the bottom of the channel sits at around same place where 50SMA on 4H will be.
Short today, long weekly.
Note
Here I close my trade. No matter if it is going lower or not. I will wait for confirmation to the upside.
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Related publications
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.