Bears in control..After 7 weeks of rejecting the dynamic support (Blue Line) price finally broke through
Wait for a pullback to the "now resistance line" which is also between the 0.618 & 0.5 fib retracement level.
Look for long wicks rejecting this area for a short position
Wait for a pullback to the "now resistance line" which is also between the 0.618 & 0.5 fib retracement level.
Look for long wicks rejecting this area for a short position
Trade active:
Entered Short
Comment:
Comment:
moved S/L
T/P #1 50%
moved S/L