This is a very good Risk:Reward setup for shorts, price is making a lower high on much lower volume. MFI is already telegraphing decline.
Expecting some -20% up to -25% from here.
Have fun.
Expecting some -20% up to -25% from here.
Have fun.
Note
That escalated quickly. Took profits, will re-short the bounce.Trade closed: target reached
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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.