Let me tell you the reason to short it !!
Reason 1- There is Double top formation.
Reason 2 - it already broke a weekly trend line.
Reason 3- MACD has already shown a sell signal.
My analysis is only for study purpose, please don't take them as a piece of trading advice. I could be wrong but make sure to improve myself and show a better result.
Reason 1- There is Double top formation.
Reason 2 - it already broke a weekly trend line.
Reason 3- MACD has already shown a sell signal.
My analysis is only for study purpose, please don't take them as a piece of trading advice. I could be wrong but make sure to improve myself and show a better result.