Summary
The market spiked upwards last week and created a Parabolic Curve Pattern. It looks like a very high probability for a short position. Will wait for a stronger rejection and also a clear flag.
Steps to be taken
The market spiked upwards last week and created a Parabolic Curve Pattern. It looks like a very high probability for a short position. Will wait for a stronger rejection and also a clear flag.
Steps to be taken
- Wait for a clear flag.
- Look out for stronger rejection at the top.