**Daily:** Currently in a descending channel with a bearish trend and momentum. Huge impulse breaking some key structure. Thus, look for a pullback to enter the trade.
**4H:** Formed a minor head and shoulder pattern. MACD shows bearish trend is getting weaker and about to cross. Candle itself is getting weaker as well. A pullback to the upside is definitely possible.
**What to do now? When to sell?**
- We will wait for a pullback to the key structure or the fib level from previous low to high.
- Monitor price action CLOSELY during the pullback and SELL!
Good luck traders!
**4H:** Formed a minor head and shoulder pattern. MACD shows bearish trend is getting weaker and about to cross. Candle itself is getting weaker as well. A pullback to the upside is definitely possible.
**What to do now? When to sell?**
- We will wait for a pullback to the key structure or the fib level from previous low to high.
- Monitor price action CLOSELY during the pullback and SELL!
Good luck traders!
Trade closed: target reached