Trade idea - Technicial analysis:
Sell $AZN $UK100
Chart: Heikin Ashi 1D
The bullrun through March looks to have run out of steam and started to show weakness.
Chart: Candlestick 1D
• MACD histogram crossed over and now posting negative trend.
• RSI falling from overbrought levels
Target:
TP1 67.4
TP2 64.8
Or RSI 30
Sell $AZN $UK100
Chart: Heikin Ashi 1D
The bullrun through March looks to have run out of steam and started to show weakness.
Chart: Candlestick 1D
• MACD histogram crossed over and now posting negative trend.
• RSI falling from overbrought levels
Target:
TP1 67.4
TP2 64.8
Or RSI 30