Overall Bearish on this position. Recently touched the long-term ascending trendline. 14 and 50 EMA below, and it has also made HL and HH indicating upward movement in the short term. I will wait for a strong break of this upward structure before entering any short positions for now.
Note
Strong bullish break, trade negated.
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.
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.