A bearish trend is applicable.
Negate the bearish bais for a brake above 1820.
Ideal short entry around 1740.
Increase exposure for a break below 1670.
target 1600, which is almost at the lower range of the linear regression channel pattern. Notice how this pattern is sloping downwards, supporting a bearish trend.
Stop-loss 1820.
Remains a risky trade.
Negate the bearish bais for a brake above 1820.
Ideal short entry around 1740.
Increase exposure for a break below 1670.
target 1600, which is almost at the lower range of the linear regression channel pattern. Notice how this pattern is sloping downwards, supporting a bearish trend.
Stop-loss 1820.
Remains a risky trade.
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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.