There are a few key supports presented that act as strong pivots.
With a MACD/SIGNAL cross down through 0 line seller momentum will pick up. RSI broke support. Following RSI pattern alone continuation to a support is in play.
Be mindful Take profits are at key support pivots. I suggest sell stops after each retest until a significant pivot.
Please comment with thoughts and ideas. Thank you.
With a MACD/SIGNAL cross down through 0 line seller momentum will pick up. RSI broke support. Following RSI pattern alone continuation to a support is in play.
Be mindful Take profits are at key support pivots. I suggest sell stops after each retest until a significant pivot.
Please comment with thoughts and ideas. Thank you.
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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.