There are multiple reason to short this using a number of different technical tools
Thought it was interesting that there is a Nen star pattern completing at least weeks highs offering a decent R:R ratio even if you are trading the short to medium term outlook
Thought it was interesting that there is a Nen star pattern completing at least weeks highs offering a decent R:R ratio even if you are trading the short to medium term outlook
Comment:
Follows on from my weekly chart analysis, will be shorting this week
Comment:
Hit first target, missed the long trade on the 4hr but scouring for any clues to short on the lower timeframes
Currently thinking somewhere between 2970-3000 may be a possible zone but need to see if there are any good levels to trade off on the lower timeframes or possibly fibonacci clusters
Could be possible gartly/ bat or even butterfly pattern coming up
Currently thinking somewhere between 2970-3000 may be a possible zone but need to see if there are any good levels to trade off on the lower timeframes or possibly fibonacci clusters
Could be possible gartly/ bat or even butterfly pattern coming up