We can sell if the TS trendline (yellow) is broken below and a good size bear candle closes below currently flat TS.
Ideally the Bear candle should be an engulfing one. If the TS looks down in addition, the probability of success increases.
Note that the downtrend doesn't have much pump and target needs to be conservative.
Ideally the Bear candle should be an engulfing one. If the TS looks down in addition, the probability of success increases.
Note that the downtrend doesn't have much pump and target needs to be conservative.
Trade closed: target reached
