SPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
SPY pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 556.18 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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ノート
We are seeing a good move already so we will keep the trade running!
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