Siemens AG: Bearish divergence on 1d Short

SIEMENS AG NA O.N.FWB

Description

⋅ May 12, 2019 10:33 AM

Resistance fractals and big bearish divergence provide a good shorting opportunity, since the recent swing-highs are close to the current price and can thus be utilized as SL. Price moving above those levels would invalidate our setup.