Overall trend bearish, good fundamental for $.
Head and shoulders pattern spotted on 4hr, waiting
on break and close for first enty and possible second entry
with retest.
Head and shoulders pattern spotted on 4hr, waiting
on break and close for first enty and possible second entry
with retest.
Comment:
we are seeing the retracement i mentioned earlier. sell limit order has been placed. if we do not get triggered we will enter at market once the 1hr candle closes but at a small lot size. then we will shift our focus to adding positions to the desired lot size is achieved