FANG/EOG: Potential Short Opportunity
Updated
FANG/EOG is showing a signal for a Short position after the end of yesterday, and all indicators support what appears to be a promising opportunity.
ADX: Indicates no prevailing trend in the pair.
Correlation: Remains high.
Price: Positioned in the overbought area.
ADX: Indicates no prevailing trend in the pair.
Correlation: Remains high.
Price: Positioned in the overbought area.
Trade active
first day ended, and it still seems good. have a great weekend everybody :)Trade closed: target reached
Trade went very well!Target reached within 4 days, with Profit of 0.76%
After close, the trade skept on moving the right way, so if i would have stayed, i could have made some extra profit... but i prefered to stay on the safe sideand close.
Related publications
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.