Shorting
My conclusion came from the fact that the buyer is exhausted as seen the continued LH, the Ichimoku indicator also suggests a downtrend.
Placed my order as shown in the chart. Looking for a 3:1 risk reward down to the ignition zone which I believe is an important Support/resist level.
Placed my order as shown in the chart. Looking for a 3:1 risk reward down to the ignition zone which I believe is an important Support/resist level.
Hold nothing sacred in search of truth
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.