Bearish divergence on the MFI on the 4 hour. I called for a short at .27 seeing a falling wedge and we might have broke that, but using horizontals I suspected that resistance at .3 would hold anyways. I'm seeing a fall from here to .25 on October 27th.
I'd stop loss at .325, or even better I'd like to see a rise to .315 and a drop back to .3 and use it as support before switching to a long.
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.
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.