CCI signals a short, and the multiframe analysis says the same.
If there is no breakout (taking in consideration the range expansion and the resistance line) we have a sell oportunity.
If there is no breakout (taking in consideration the range expansion and the resistance line) we have a sell oportunity.
Trade closed: target reached
THe break out occurred.As such I went long and already closed the trade, once the target was hitted.
I will wait for 5 or 6 weeks to determine next move.
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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.