1 1/2 hour go we faced a long spike up. This is unusual at a top of the market. It may indicate a beginning reversal for profit taking sake; especially ahead of the options expiry today and the forthcoming weekend.
Trade closed: target reached
May be we have seen a bottom building now. Better to get out and take the profit.
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.
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.