Downtrend with pullback. If breaks bottom line of regression channel, then sell on this confirmation.
Note
Nothing tell me trade is no longer true still in. My stop is just over HullMA (red and green line)Note
Still in this trade in spite deep pullback. This deeper pullback then I like to see. Usually I no allow for deeper pullback than .68 of quartile of trend this exceeds this by a little. But price action right direction again, so now I put stop one tick over high of current 4 hour candle
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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.