It's trend market conditions on 4H chart and we can join to the main price movement. Price bounced from Moving Average with period 50. RSI confirms price reversal and MACD gives a signal for opening short trade.
Trade closed: target reached
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💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
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💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
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.