get it! get it!
Its time to go short again in this market. Why go long at historical resistance. Will this time be different? Likely not.
Here's the nitty gritty
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bear flag is triggering this trade
enter on breakout or confirmation, stop loss if price renters bear flag
for targets we can look to the weekly chart
200 DMA is providing the TP1 @ 189-200
a weekly support/resistance level for TP 2 @ 155-165
Its time to go short again in this market. Why go long at historical resistance. Will this time be different? Likely not.
Here's the nitty gritty
----------
bear flag is triggering this trade
enter on breakout or confirmation, stop loss if price renters bear flag
for targets we can look to the weekly chart
200 DMA is providing the TP1 @ 189-200
a weekly support/resistance level for TP 2 @ 155-165
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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.