Swords are unanimously signaling a SHORT run as the 4 technical analysis confirmations are as follows:
Momentum indicator is signaling a DOWN trend
Second confirmation would be the MACD crossover HIGHLIGHTED IN BLUE also signaling down
Volume is the third confirmation
Trend lines and horizontal would be the 4th and 5th confirmation
SHORT POSITION indicator is used to highlight profitability ratio
Multiple analysis tools are used with precision to accurately assist in making profitable trading strategy decisions. Core mindset principles should be utilized with discipline to remove emotional trading which can lead to huge losses in capital. Capital preservation is the KEY to successful trading. Good Luck!
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