Strong Daily Resistance and Bearish Bat
I think bulls are getting exhausted now and time for some downtrend.
You can see my reasons at the chart. 4h MA200 also there and I think it will resist too.
I'm gonna short it if the uptrend line is gonna broken at 15m time frame or if I see a nice candlestick pattern as a signal.
Good luck all...
You can see my reasons at the chart. 4h MA200 also there and I think it will resist too.
I'm gonna short it if the uptrend line is gonna broken at 15m time frame or if I see a nice candlestick pattern as a signal.
Good luck all...
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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.