=======
Volume
=======
- decreasing
==========
Price Action
==========
- Large rounding top noticed
- Double top formed
=================
Technical Indicators
=================
- Ichimoku
>>> price within cloud, pointing down
>>> Green kumo contracting
>>> Tenken [Conv] - Within clouds & crossed Chiku
>>> Chiku [lagging] - above clouds & flat
>>> Kijun [Base] - Below clouds & crossing chiku
=========
Oscillators
=========
- MACD turning bearish
- DMI bearish
- StochRSI, bearish
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $220
Entry 2 - $230
Stop - $242
Exit 1 - $210
Exit 2 - $200
Exit 3 - $187
Exit 4 - $175
Volume
=======
- decreasing
==========
Price Action
==========
- Large rounding top noticed
- Double top formed
=================
Technical Indicators
=================
- Ichimoku
>>> price within cloud, pointing down
>>> Green kumo contracting
>>> Tenken [Conv] - Within clouds & crossed Chiku
>>> Chiku [lagging] - above clouds & flat
>>> Kijun [Base] - Below clouds & crossing chiku
=========
Oscillators
=========
- MACD turning bearish
- DMI bearish
- StochRSI, bearish
=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.
=========
Positions
=========
Entry 1 - $220
Entry 2 - $230
Stop - $242
Exit 1 - $210
Exit 2 - $200
Exit 3 - $187
Exit 4 - $175
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.
