Here is a potential short, we should see the price move towards the newley created downwards trendline
, price may respect the trendline
sending price down to 61.80% and my entry level, however price may break downwards trend and move towards and test 78.60%, we hopefully should see a bounce off 78.60% resistence moving price action towards my entry level. I will be waiting until the long upwards trendline
and 61.80% retracement have been broke before enetering this short... once entry point has been hit we then, fingers crossed see our target being reached!! This is one to watch.