On the Daily chart, The downtrend is still intact so we are looking for short position opportunity
Look down at 4 HR chart, we see a strong pullback to reach the EMA 75 and now moving down
and I have plan for entry below the EMA which is according to my rule for short position and we look for 1:3 risk reward ratio which is a nice trade. I see double top and followed by lower high which is giving me a short continuation mood.
Look down at 4 HR chart, we see a strong pullback to reach the EMA 75 and now moving down
and I have plan for entry below the EMA which is according to my rule for short position and we look for 1:3 risk reward ratio which is a nice trade. I see double top and followed by lower high which is giving me a short continuation mood.