Market will be bullish for sometime , but trend is bearish as it made lower low , we will not sell right now rather we will wait for a retracement to 61.8% and enter sell trade then . you can add a sell limit at that price.
If you want to buy , you can buy as it is now near lower bollinger bands. But dont hold for too long .. book profit as soon as price touches the mid band
If you want to buy , you can buy as it is now near lower bollinger bands. But dont hold for too long .. book profit as soon as price touches the mid band
Comment:
It did not go to 61 fibo level ... it went to 0.38 level
Comment:
went right