On the chart we can see a rising channel. Looks like the price may stay in this upsloping channel, a bit longer.
We can entry short at the upper boundary.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
We can entry short at the upper boundary.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
Trade closed: target reached
done
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.