The Trend says "Down"

As a trend follower, I am prepared for this one to go down soon.

If the situation right now should be an turnaround, I would wait for it to break the second resistance, and confirm that, and then go long.

What is tradingview thinking?

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consolidation taking place right now, i am ready for the breakout ;-)

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If the Support breaks, I will open a small short position to start with, and invest more, as soon as the trend continues to go down

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If I am right, then we should see the price falling soon. lets see if my prediction was right!

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So, my entry trigger is a good bearish candle, with the price closing below that resistance. This candle needs to be in a daily chart!

Evan_Moe_Money

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Evan_Moe_Money

Free Trading Education:
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