Hello and welcome to my idea. There are major bearish signs that despite the small bounce off of 5800 we WILL go lower. The bearish PSAR break on the weekly last night was devastating to any bullish hopes and while we are going up short term any price from here is an easy short. Target 5300 and really long term we are probably looking at 2880 but that is quite a ways down the road.
Trade active
I personally think there will be a double top at 6180 short opportunity. It will probably fall quickly after that.
Trade active
6175 is close enough for my taste. Nobody should lose sleep over 5 points. Short on.
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.