Possible short

The chart says it all: previous PA at the current level & divergence with MACD. What the chart doesn't say however is that the overall trend is still bearish and has a lot of room to the downside. So this may be a good mid-term short position, if the level holds.

--
  • Everything I write about - I buy and sell for myself and my Investors.
  • Please hit LIKE button if you find this analysis useful, so as I know you do.
  • Please FOLLOW ME here on TradingView to see what I see, when I see it.
  • You can also JOIN ME on LinkedIn, Facebook and VKontakte.

Vladimir Vereshchak | Making People Wealthier!

Отказ от ответственности