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Redimere_91
Jul 31, 2022 7:49 PM

Cisco (Possible short opportunity) Short

Cisco Systems, Inc.NASDAQ

Description

We have located a bearish candle close with bull volume on the daily timeframe. On the 3 hour timeframe, we may be pulling back to the wave 4 retracement. I don't want to set targets because everyone trades differently. To add, the RSI and MACD are matching top side on both timeframes as a bonus. Interesting to see what happens in the future. Happy trading and not advice!

I'm trying to simplify these ideas. Bare with me!
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