There is definitely a lot of buying pressure but the bulls are getting tired. This H&S could still happen.
Wouldn't recommend shorting really, but taking some off might be a good idea.
Wouldn't recommend shorting really, but taking some off might be a good idea.
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I'm a passionate software engineer and a trader. I love making trading tools. Follow me if you want to be kept up to date.
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.