Bearish candlesticks at triple top & OBV, DMI+ divergence
An appropriate short targeting the 0.382 fib which is also close to the 50 day Simple Moving Average (SMA).
Candlestick pattern is also bearish which has occurred at a triple top.
Furthermore the OBV has continued to fall despite the push upwards indicating a lack of sincere accumulation.
A stop above the triple top is appropriate.
Candlestick pattern is also bearish which has occurred at a triple top.
Furthermore the OBV has continued to fall despite the push upwards indicating a lack of sincere accumulation.
A stop above the triple top is appropriate.