The sentiment of the market is bearish. We can clearly observe from the graph that the price is heavily rejecting the upper boundary of the ascending parallel channel and it has even formed a double top there. We will be opening short positions and aiming for the area identified on the chart.
The reward is pretty decent, so make sure not to miss the chance!
The reward is pretty decent, so make sure not to miss the chance!
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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.
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.