Reasons for short
1) Daily Evening star formation at a key point
2) Weekly RSI Heavily Overbought
3) 3 Accumulation and Distribution phases complete
Trade safe and do your own due diligence before entering a trade
For further insights join me on
http://www.valuedbusinessconsulting.com/
1) Daily Evening star formation at a key point
2) Weekly RSI Heavily Overbought
3) 3 Accumulation and Distribution phases complete
Trade safe and do your own due diligence before entering a trade
For further insights join me on
http://www.valuedbusinessconsulting.com/
Note
The Evening Star formation mentioned in my Reasons for short occurred at point 5 of the wave pattern, which suggest bearish momentumTrade closed: target reached
First target hit!
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.