If you look at the chart from Dec 2017 we are following a very similar pattern for quite some time and to be honest 50 and 200 EMA might keep us with the same pattern.
If we will bounce back at the level of 9880 to bearish, it's not a bad idea to open a short position.
Disclaimer:
This is just my idea, not advice.
Make your own research before you place any orders.
If we will bounce back at the level of 9880 to bearish, it's not a bad idea to open a short position.
Disclaimer:
This is just my idea, not advice.
Make your own research before you place any orders.
Note
Alright, now waiting for bumping down.
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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.
Related publications
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.