Reasons-
1) Daily and weekly trend is down as per 200 ema and ichimoku.
2) Rejection from kijun sen on daily.
3) Closing below kumo on H4.
4) Double top neckline broken.
5) Going with the trend
Kindly trade at your own risk.
Good Luck ✌️
1) Daily and weekly trend is down as per 200 ema and ichimoku.
2) Rejection from kijun sen on daily.
3) Closing below kumo on H4.
4) Double top neckline broken.
5) Going with the trend
Kindly trade at your own risk.
Good Luck ✌️
Comment:
I also see a double bottom for the best-case scenario, for the worst case I got my stop loss there.
