The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view.
So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i...
After a beautiful HUGE BEARISH ENGULFING WEEKLY CANDLE from 50sma. Bears are now back in control ready for the next down leg. Feel free to hit the sell button on any pullbacks. Targets are FIB D1 and D2 levels
