$VVV officially breaking the H4 uptrend line, guys.
Look at that red candlestick sweeping down; it clearly confirms a shift to a bearish structure. The RSI is also diving down. At this point, it's best to steer clear of longing; the ship's about to sink.
Short play for you all to consider:
Entry on the bounce: 15.098 - 15.5
Target: 14.183 - 13.52 - 12.89
Stoploss: Close the candle above 16.35 (if it breaks that level, just let it go)
The trend is as clear as day now; how long are you guys planning to stubbornly hold onto longs?
Look at that red candlestick sweeping down; it clearly confirms a shift to a bearish structure. The RSI is also diving down. At this point, it's best to steer clear of longing; the ship's about to sink.
Short play for you all to consider:
Entry on the bounce: 15.098 - 15.5
Target: 14.183 - 13.52 - 12.89
Stoploss: Close the candle above 16.35 (if it breaks that level, just let it go)
The trend is as clear as day now; how long are you guys planning to stubbornly hold onto longs?