BEARISH Bias:
- DOW in action with serious of LH & LL
- Moving is Descending Parallel Channel
- Resistance honored at Upper boundary
- Shooting Star formed on Hourly chart
followed by series of red candles
SELL with
SL: 1.24894 (above previous LH/Channel boundary)
TP1: 1.23344 (Above Daily Support)
TP2: 1.22350 (Above Daily Support around Lower Edge of Channel)
- DOW in action with serious of LH & LL
- Moving is Descending Parallel Channel
- Resistance honored at Upper boundary
- Shooting Star formed on Hourly chart
followed by series of red candles
SELL with
SL: 1.24894 (above previous LH/Channel boundary)
TP1: 1.23344 (Above Daily Support)
TP2: 1.22350 (Above Daily Support around Lower Edge of Channel)