Rose downtrend is confirmed:
1- break down the bearish wedge pattern
2- break down the support line and pull back
3- Bearish crossover of brick indicator
4- Bearish crossover of MA 20 and MA 40
All of these indicate a confirmed downtrend. I expect the downtrend to continue in the future
1- break down the bearish wedge pattern
2- break down the support line and pull back
3- Bearish crossover of brick indicator
4- Bearish crossover of MA 20 and MA 40
All of these indicate a confirmed downtrend. I expect the downtrend to continue in the future
Trade active:
The downtrend continued and since the idea was posted, the rose has lost about 28% of its value
