Trend: Bearish
Structure: Trend line/Short pull back
Plan: We look for price to bounce off the upper resistance level. Setting TP at previous low and SL just above previous high
We look for MACD confirmation along with stochastic.
Could possibly read this as a trend line short as well.
Structure: Trend line/Short pull back
Plan: We look for price to bounce off the upper resistance level. Setting TP at previous low and SL just above previous high
We look for MACD confirmation along with stochastic.
Could possibly read this as a trend line short as well.
Trade closed: target reached