short term bearish momentum trade as a short for following reasons.
1) Bearish candles, 3 days in a row hangin man followed by shooting start.
2) Unable to break the resistance line as drawn.
3) ovebought RSI signal
4) decreasing volume over last 3 days.
Trade nullified if with a daily close over resistance line
1) Bearish candles, 3 days in a row hangin man followed by shooting start.
2) Unable to break the resistance line as drawn.
3) ovebought RSI signal
4) decreasing volume over last 3 days.
Trade nullified if with a daily close over resistance line