We may derive the following from the Weekly FSR chart:
1. Price has broken a +- 3 year uptrend. Signalling further downside.
2. It is probable that a bearish trend may be unfolding.
3. Monitor price action and watch for further shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea
1. Price has broken a +- 3 year uptrend. Signalling further downside.
2. It is probable that a bearish trend may be unfolding.
3. Monitor price action and watch for further shorting potential.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
Update idea
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.