A small candle with a huge upper lobe depicts the model "shooting star" - a bearish model. The RSI is in the oversold zone, and MACD is preparing to make the cross down.
As you know, long candles can support at the level. Therefore, I recommend opening a sell order if today's candle closes below the middle of a long white candle.
Sell 1100
stop loss 1300
target 850 and 680
As you know, long candles can support at the level. Therefore, I recommend opening a sell order if today's candle closes below the middle of a long white candle.
Sell 1100
stop loss 1300
target 850 and 680
Note
price yesterday tore the mark of 865 dollarsI see two strong bullish candles and a possible cross MACD up. Guys, be careful
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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.