Possible trend reversal coming up, needs a few closes below the line marked w/ text. Simple trade guys. If it closes below let it fall, get short on the pull back OR vice versa. No trade yet, just waiting for a directional signal. Gut says short it though. NOT FINANCIAL ADVICE, TRADE SAFE!
Note
Got several closes below the marked text. Already tested the next level down. My expectation is that it will pull back up to test highs and then proceed to swing low. Get short on the pullback, GG.Note
Didn't give us the pullback we wanted but it did what we expected as far as direction. GG.
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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.