Why I looking for SHORT:-
*Price just broke below descending channel. H4
*Daily TF downtrend
*Weekly TF, 3 weeks for price to fall until 60% of 7 weeks to climb up. (140.00-149.500) indicate strong seller.
Noted:
*Since price just reach Daily support 143.00-144.00, so there is a chance for price to make a pullback. (LONG) until 144.00 before continue down.
Idea of entry:-
*SELL LIMIT 144.00-144.200
*STOPLOSS 145.00
*Target -140.00-141.00
*Price just broke below descending channel. H4
*Daily TF downtrend
*Weekly TF, 3 weeks for price to fall until 60% of 7 weeks to climb up. (140.00-149.500) indicate strong seller.
Noted:
*Since price just reach Daily support 143.00-144.00, so there is a chance for price to make a pullback. (LONG) until 144.00 before continue down.
Idea of entry:-
*SELL LIMIT 144.00-144.200
*STOPLOSS 145.00
*Target -140.00-141.00