Various reasons to go short
1) perfect AB=CD pattern (0.61 fib retracement+1.61 expansion)
2) MACD bearish divergence
3) EMA 200 acting as resistance
4) bouncing on round psycho level 0.79000
5) pinbar candle pattern
Greetings
1) perfect AB=CD pattern (0.61 fib retracement+1.61 expansion)
2) MACD bearish divergence
3) EMA 200 acting as resistance
4) bouncing on round psycho level 0.79000
5) pinbar candle pattern
Greetings
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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.