After a impulsive down move, price has retraced into a corrective structure and is about to test the slide parallel of a valid slope median line. Selling at that level where we also have the 0.786 fib retracement level of the impulsive is a very good idea. Aiming to the median line we will have a great risk/reward ratio trade setup (about 5:1 or more).
Have a nice trading week, thank you very much for all your support..!
Have a nice trading week, thank you very much for all your support..!