11.1/1 R/r | The Big Short | 1D Bear Div | Evening Star doji 1D

The recent hike of the fed rates will eventually result in a large number of defaults which will cause for a collapse/ pullback / correction / whatever you want to call it.
1D Bear Price action & Bear div
Unsustainable parabolic uptrend
The band has stopped playing. Pull the plug
Get out of US Equities and hedge with BTC,
after all that's what it's made for.
Close short - 20201
Stop loss: 1.83%
Entry: 26 656
Risk/Reward ratio: 11
Happy trading
1D Bear Price action & Bear div
Unsustainable parabolic uptrend
The band has stopped playing. Pull the plug
Get out of US Equities and hedge with BTC,
after all that's what it's made for.
Close short - 20201
Stop loss: 1.83%
Entry: 26 656
Risk/Reward ratio: 11
Happy trading
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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.
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.