Sell conditions:
1) Bearish TK cross
2) Chikou < Price
3) Price < Kumo
4) Price < 200 EMA
5) SSB + Tenkan + Kijun all point downward
It seems like the 200 EMA is in the midst of pointing down. It is probably an indication that a new downtrend is coming up. Since the 200 EMA is relatively flat, it may take a while before the downtrend can kick in.
1) Bearish TK cross
2) Chikou < Price
3) Price < Kumo
4) Price < 200 EMA
5) SSB + Tenkan + Kijun all point downward
It seems like the 200 EMA is in the midst of pointing down. It is probably an indication that a new downtrend is coming up. Since the 200 EMA is relatively flat, it may take a while before the downtrend can kick in.
Trade closed: stop reached
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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.