Short
Short UNFI
UNFI did not succeed to go up as in the previous analysis. In fact, when looking at the price action from May, one can see that the trendline was broken and retested. Now the prices are rejected by the trendline and continue to the downside.
MFI broke, retested its ascending trendline and then was rejected. This implies that the flow of money is out.
The referenced TPs (blue) and SL (red) are in chart.
MFI broke, retested its ascending trendline and then was rejected. This implies that the flow of money is out.
The referenced TPs (blue) and SL (red) are in chart.
Trade closed manually
Trade closed waiting for better entry and condition.Trade active
Trade reactivated due to bad news of macros.
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.
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.