On a daily basis, this kind of signal (shooting star, or pin bar) rejecting prior levels may cause an immediate fall to prior support.
Personally I am waiting for some kind of pullback, i.e. entry short at 61.8 Fibo of the last swing.
For more information about my trading style, watch my YouTube channel: bit.ly/17jWiog
or watch my analyses on Tradingview.com.
Petr
Personally I am waiting for some kind of pullback, i.e. entry short at 61.8 Fibo of the last swing.
For more information about my trading style, watch my YouTube channel: bit.ly/17jWiog
or watch my analyses on Tradingview.com.
Petr