Short on L
Updated
L is currently in an ascending channel with bearish RSI divergence. Has broken trendline on smaller timeframe, stoploss at last swing high with target at bottom of channel also could be a bigger move if breaks down out of channel so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
Trade active
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.