Considering the following:
1. RSI @ 86
2. constitutional money kicked in crossing upper linear regression
3. price reached the resistance level
4. AND although the last candle was longer than the second last candle, the last volume was shorter than the second last volume line. (crucial for a reversal)
Will place order for a short @ USD3360, take 50% profit at USD3326, close @ USD3280.
Happy trading!
1. RSI @ 86
2. constitutional money kicked in crossing upper linear regression
3. price reached the resistance level
4. AND although the last candle was longer than the second last candle, the last volume was shorter than the second last volume line. (crucial for a reversal)
Will place order for a short @ USD3360, take 50% profit at USD3326, close @ USD3280.
Happy trading!
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.
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.