SHORT - US30USD SL: 27754.3 (Suggested by our algorithmic system) TP: 26771.6
Reasons behind this idea:
1. Support trendline is subjectively broken.
2. RSI and CCI indicators show bearish divergence.
3. MACD is indicating weakness in momentum.
CAUTION: Technical analysis is on the 1 Hour Timeframe which is not that reliable.
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline (New Resistance Trendline) Blue Solid Line: Next Supporting Trendline Blue Rectangle: Next Strong Supporting Level Purple Line: Stoploss suggestion from our algorithmic system Green Line: Take Profit suggestion from our algorithmic system Red Arrow: Bearish Divergence
Screenshot of our mobile app alert: ibb.co/0jZ8sYK (Timestamps are Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
ملاحظة
WOW ... the price just shaved below the SL level. The momentum has reversed for now but in the world of trading anything can happen. :)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.