Pending short, trend is changing

Aktualisiert
Seeing divergences on both RSI and MACD. Wait for a flag & break out of trend line. It will be easier to set a stop loss after the break out.

TP1: 49.5 area
TP2: 48 area
Anmerkung
Still not break yet, the top might be retested.
Anmerkung
I think the previous top needs to be broke before heading south. See what the weekly close will be tomorrow.
Anmerkung
We have the new high, now it's bear's last territory.
Snapshot
Anmerkung
Looks like weakness is generating, let's see if the trend is broke this time
Snapshot
Anmerkung
Now could be a short setup
Snapshot

Haftungsausschluss