DIS breakout from consolidation, bearish
Tested previously twice EMA200 and support line.
Third time went back to consolidation area but without power (MACD and signal line well below 0).
Confirmation with strong break below EMA200 with high volume.
Stop loss above EMA200, profit 2x stop loss sum.
Third time went back to consolidation area but without power (MACD and signal line well below 0).
Confirmation with strong break below EMA200 with high volume.
Stop loss above EMA200, profit 2x stop loss sum.
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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.