So there are two clear reasons why this is a good short trade.
1. We have hit a resistance in the clear trendline
2. There is a stored up correction now due - almost all big jumps have a corrective pullback to at least 50%.
Happy Trading :)
/m
1. We have hit a resistance in the clear trendline
2. There is a stored up correction now due - almost all big jumps have a corrective pullback to at least 50%.
Happy Trading :)
/m