Why I'm looking to short here:
Obviously:
- We're looking to go with the trend, which has been a bear trend since January.
- Even if we were to try to trade for a breakout above the resistance, we would be trading right into resistance.
Also:
- Price was rejected from resistance
- Bearish Engulfing candlestick pattern with superlarge red candle compared to the previous one.
- RSI rejected at <50
Obviously:
- We're looking to go with the trend, which has been a bear trend since January.
- Even if we were to try to trade for a breakout above the resistance, we would be trading right into resistance.
Also:
- Price was rejected from resistance
- Bearish Engulfing candlestick pattern with superlarge red candle compared to the previous one.
- RSI rejected at <50
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.