*Short potential scalp ~10%
Potential blow-off top forming
OI increasing rapidly whilst price growth slowing, approaching a key resistance.
Possible flip resistance for final push then down or fail at resistance and down.
TP#1 around green line.
Confirmation depends on your risk profile. I have scaled shorts at key overheads.
Invalidation again depends on risk appetite.
Potential blow-off top forming
OI increasing rapidly whilst price growth slowing, approaching a key resistance.
Possible flip resistance for final push then down or fail at resistance and down.
TP#1 around green line.
Confirmation depends on your risk profile. I have scaled shorts at key overheads.
Invalidation again depends on risk appetite.