Theta D1 Chart - 23 April, 2022
Market Sentiment : Fear
Asset's RSI : Fear
Trade Setup :
Bearish Shooting Star formed at D1 EMA dynamic resistance level, confirmed by another Bearish Shooting Star at next session.
Our Trade idea
Position : Short
Stop loss : Slightly higher from the shadow of Bearish Shooting Star ($3.515)
Target : Horizontal Support Level ($2.665)
Asset's RSI : Fear
Trade Setup :
Bearish Shooting Star formed at D1 EMA dynamic resistance level, confirmed by another Bearish Shooting Star at next session.
Our Trade idea
Position : Short
Stop loss : Slightly higher from the shadow of Bearish Shooting Star ($3.515)
Target : Horizontal Support Level ($2.665)
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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.