That candle (graveston doji) is indicative to me of a top and small pullback. If the week opens lower and continues I would expect a downside play to the .99692 area. The indicators ae also overstretched.
I develop cutting-edge trading approaches using cross-platform, cross-broker, cross-market, and multi-timeframe systems. I focus heavily on capital/risk protection, systems designed to reduce volatility. Spread trading/stock options are my specialties.
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I develop cutting-edge trading approaches using cross-platform, cross-broker, cross-market, and multi-timeframe systems. I focus heavily on capital/risk protection, systems designed to reduce volatility. Spread trading/stock options are my specialties.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.