Technical Analysis Checklists [Downtrends]

Question 1

Downtrend Signals for Selling & Short Selling [pt. 1]

Answer 1

EMA 9 crosses below EMA 20, both lines are sloping downward

EMA 9 is below EMA 20, and EMA 20 is below EMA 50

Prices are below EMA 50, and better if they’re below EMA 9 and EMA 20, as well

Question 2

Downtrend Signals for Selling & Short Selling [pt. 2]

Answer 2

Parabolic dots move from below to above price candles

Parabolic dots stay above the price candles

Question 3

Downtrend Signals for Selling & Short Selling [pt. 3]

Answer 3

MACD line crosses below Signal line, both lines are sloping downward

MACD line crosses below the Zero line and stays below this line

Question 4

Downtrend Signals for Selling & Short Selling [pt. 4]

Answer 4

Short sell when there are Resistance Levels to stop the rise

Don’t short sell when prices already broke up through the nearest Resistance level

Question 5

Downtrend Signals for Selling & Short Selling [pt. 5]

Answer 5

Short sell when prices already broke down through the nearest Support level

Don’t short sell when prices are close to the nearest Support level