All timeframes are massively overbought
There is a pattern on H4 and H1
This is a weekly high where there is a lot of resistance
Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade
tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
There is a pattern on H4 and H1
This is a weekly high where there is a lot of resistance
Since it is against the trend I would normally not go for such a trade but stocks look like they need to come down so this could be a trade
tight stop loss and take profit when it hits the H4 trend as this is still very uptrend
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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.