The price moved out from the short term up trend channel bottom line and retracted, now, price is moving out from the short term up trend channel again.
It could be the cypher pattern "C" point generated and will start the "CD" leg to South.
SlowStoch and RSI are showing divergency in Daily time frame.
There could be two take profit positions in previous support lines.
It could be the cypher pattern "C" point generated and will start the "CD" leg to South.
SlowStoch and RSI are showing divergency in Daily time frame.
There could be two take profit positions in previous support lines.
Trade closed manually
Close the short trade at this moment.Trade active
The price dropped back to the expect short zone, try to short
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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.