When looking at the history of the chart I see that the 100MA and especially the 200MA on the 15m and 5m timeframes often are resistance levels after a strong and fast dump.
These are possible sell/short entries on the way down if you missed the first wave. Always set a stop loss and try to trail it down when the dump continues.
These are possible sell/short entries on the way down if you missed the first wave. Always set a stop loss and try to trail it down when the dump continues.
Comment:
5m
