Trend continuation opportunity:
1. Level: Price reached a Daily Key Resistance and reversed.
2. Trend: Price making lower highs and lowers lows and crossed MA 50, confirming a bearish trend.
(MA 50 http://en.tradingold.net/2017/02/13/simple-strategy-ma-50/)
3. Price may retrace to 0.786 fibo. level
( 0.786 strategy http://en.tradingold.net/2016/10/17/fibo-786-strategy/
1. Level: Price reached a Daily Key Resistance and reversed.
2. Trend: Price making lower highs and lowers lows and crossed MA 50, confirming a bearish trend.
(MA 50 http://en.tradingold.net/2017/02/13/simple-strategy-ma-50/)
3. Price may retrace to 0.786 fibo. level
( 0.786 strategy http://en.tradingold.net/2016/10/17/fibo-786-strategy/
Comment:
Comment:
Pin bar Reversal at support, may expect some buyers here
Order cancelled