OP is breaking down
Hi all,
OP is breaking its trendline starting from mid july 2022.
Volume indicator MFI has already broken down. This means that the downway is being reinforced.
As a reference setup, SL would be above the EMA 50D and the final target would be the weekly support.
Cheers!
Note
OP retested and was rejected by EMA 50D
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Related publications
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.