Walmart Inc.Short
WMT - short position
hi traders
Let's have a look at WMT on 4h time frame.
The price was in the ascending broadening wedge pattern.
It looks like the bearish divergence played out and we got the successful break-down.
Enter the short now or wait for the price to retest the previous support and confirm it as resistance.
Target for shorts: 76,66.
Invalidation: If the price comes back inside the pattern, the trade should be exited.
Let's have a look at WMT on 4h time frame.
The price was in the ascending broadening wedge pattern.
It looks like the bearish divergence played out and we got the successful break-down.
Enter the short now or wait for the price to retest the previous support and confirm it as resistance.
Target for shorts: 76,66.
Invalidation: If the price comes back inside the pattern, the trade should be exited.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.