On the chart we can see a rising channel. Our strategy to trade is entering the short once the price breaks down the support line.
Approximate target is shown on the chart.
RSI printed bearish divergences which is also a point for bears here
Invalidation of this thesis would be if after the successful breakdown the price comes back inside the channel.
Approximate target is shown on the chart.
RSI printed bearish divergences which is also a point for bears here
Invalidation of this thesis would be if after the successful breakdown the price comes back inside the channel.
Trade active:
successful break down.
💥 Free signals and ideas ➡ t.me/vfinvestment