Another trade I am not actually taking. Usually I just try to buy the dip as it's safer. It's obvious the manipulation in the index will continue as long as possible but the current situation doesn't look very good from technical perspective.
We have a long developed bearish div, a rising wedge and a reversal spinning top candle on the 4h.
Please share your opinions below.
We have a long developed bearish div, a rising wedge and a reversal spinning top candle on the 4h.
Please share your opinions below.
Note
It actually worked our pretty well. I would close the position here.
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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.