We are now in a confirmed downtrend on the daily after closing below previous swing high.
Wait for a retrace to 38.2 of the most recent swing low.
Current and HTF structure there.
38.2 retrace of larger swing high.
Wait for price action at this level marked in yellow box for entry signal to short.
Target per arrows.
Wait for a retrace to 38.2 of the most recent swing low.
Current and HTF structure there.
38.2 retrace of larger swing high.
Wait for price action at this level marked in yellow box for entry signal to short.
Target per arrows.
