A drop below the drashed trend line should confirm the short.
There is also a potential Head and Shoulders pattern, as well as RSI deivergence.
Will update later with target levelsshould the trade trigger.
There is also a potential Head and Shoulders pattern, as well as RSI deivergence.
Will update later with target levelsshould the trade trigger.
Note
selling 74.83 with a small stop @ 75.05Order cancelled
Closed the trade with a (small) loss
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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.