zevgma
Short

Don't give it up on a short!

FX:GBPJPY   British Pound/Japanese Yen
97 2 4
Unfortunately, the 160 psychological level couldn't hold bulls' attack. But bears are still clearly in control of the market. Since Stoch RSI is already overbought and RSI is firmly below 50, I'll be waiting for MACD to start showing negative dynamics to enter my short trade towards 150 next.

--
  • Everything I write about - I buy and sell for myself and my Investors.
  • Please hit LIKE button if you find this analysis useful, so as I know you do.
  • Please FOLLOW ME here on TradingView to see what I see, when I see it.
  • You can also JOIN ME on LinkedIn, Facebook and VKontakte.
Vladimir Vereshchak | Making People Wealthier!

Related Ideas

Despite the ongoing lack of upward strength, the bullish tone prevails
Reply
Right. Unfortunately ;) We may have another rise to 166 area, I guess.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out