Potential Ending Diagonal Sell
Sell it now or hope there is another attempt to break above the trend line
which would give us the typical overthrow. The risk is not much larger to
sell at the top of the hours or so if this remains a shooting star candlestick.
Stops are somewhat debatable depending on your risk tolerance, if
we do get the ED overthrow of the trend line.
(As I type the candlestick is forming a gravestone "doji".)
Best of luck !!!!!
which would give us the typical overthrow. The risk is not much larger to
sell at the top of the hours or so if this remains a shooting star candlestick.
Stops are somewhat debatable depending on your risk tolerance, if
we do get the ED overthrow of the trend line.
(As I type the candlestick is forming a gravestone "doji".)
Best of luck !!!!!
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.