Taking at a look at the daily chart, we still haven't exactly broken below the ascending trendline, but there's no reason to go long at these technical levels which leaves me to believe a bearish breakout is still highly likely.
For those asking "how should I trade this?" Well, wait for the breakout, then wait for the pullback to go short and place SL above TL with some breathing room.
Trade Safe - Trade Well.
For those asking "how should I trade this?" Well, wait for the breakout, then wait for the pullback to go short and place SL above TL with some breathing room.
Trade Safe - Trade Well.
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