Watching $TRUMP closely as it tests key levels
As long as $TRUMP stays below the SMA25, it looks primed for a move down towards the support level, a break below 1.36 could accelerate this move
- Trading below SMA7 and SMA25, - Rising volume over the past 5 bars, - Last candle is bullish but overall trend is bearish
A daily close above 1.45 would invalidate this short setup
Are you shorting $TRUMP on this trend, or do you see a reversal coming?
As long as $TRUMP stays below the SMA25, it looks primed for a move down towards the support level, a break below 1.36 could accelerate this move
- Trading below SMA7 and SMA25, - Rising volume over the past 5 bars, - Last candle is bullish but overall trend is bearish
A daily close above 1.45 would invalidate this short setup
Are you shorting $TRUMP on this trend, or do you see a reversal coming?