Weekly chart it shows price dipped between 200 SMA and long term lower low line,
MACD shows downtrend momentum.
ATR shows low volatility, market is consolidating.
Set short limit order,
short limit at 106, sl at 108, tp at 100, rr of 2:1.
MACD shows downtrend momentum.
ATR shows low volatility, market is consolidating.
Set short limit order,
short limit at 106, sl at 108, tp at 100, rr of 2:1.
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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.