CASE A: Very Strong Sell. RSI shows an over bought market.
CASE B: Market retests first before a sharp decline and return to downward trend.
CASE C. Trend Direction has changed.
Whatever the case, wait for a confirmation and trade the trend.
CASE B: Market retests first before a sharp decline and return to downward trend.
CASE C. Trend Direction has changed.
Whatever the case, wait for a confirmation and trade the trend.
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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.