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All roads lead to SHORT it DOWN !

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There are now to much BEARISH SIGNS ... "Shoulder-Head-Shoulder", "Bear flag", "Bearish Crossing of EMA25 and EMA50" and maybe an "Evening star", what we will see on Monday! In addition buyers volume went down, daily RSI point to the down side and Stochastic RSI is in overbought area! The same situation we had in April/May 2019 (take a look there)!
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The banks reported: -5430 "Longs" and +13617 "Shorts"!
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"Bloody Monday" for bulls ahead!
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First target $62 !
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Now a "BEARISH ENGULFING PATTERN" has formed! Downward trend confirmed !
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By the way, after "LEFT SHOULDER" and "HEAD" now we've the "RIGHT SHOULDER" at exactly the same level like the left one! And all ended with a "BEARISH ENGULFING PATTERN" which was the last step for the TREND REVERSAL to the DOWNSIDE ... $52 ahead!
Bearish PatternsbearishpatternChart PatternsshortpatternshortsetupTrend AnalysisWave Analysis
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