Bearish Descending Triangle - Short-term sell

2020-01-04 23:21:53

Reasons:

- The price is in a descending triangle and is resisted on the upper line of triangle (which is a bearish trend-line)
- TRIX is signaling another price fall from the top of triangle
- A short-term bullish trend-line is broken down

we wait for a pullback & go short close to bearish trend-line


* This is only how we interpret the market