VladimirRibakov

BMW Sell Idea

Short
BMW (MIL:1BMW)  
MIL:1BMW   BMW
D1 - Price broke out at the bottom of the daily range. We can look for sells, if this breakout doesn't turn into a false break.

H4 - Price has created lower lows.

H1 - Bearish divergence has formed wait for a double wave correction and once the break out of the most recent trend line happens, look for sells.

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.