Posible short squeeze to start the quarter/month. Graph showing a ceiling from previous highs/lows plus in the upper side of the current down channel - if upward move is rejected a good short setup is possible. Risk remains high for equities follwing SP500 break of the 200dma, this now being the area to watch.
Intra-day setup confirmation awaited - look for bearish swing patterns
Intra-day setup confirmation awaited - look for bearish swing patterns
Trade active:
Trade opened on H1 timeframe bearish engulfing candle formation
Trade closed manually:
Trade closed at 106.20 due to fundamentals new trade opened at 106.80
Trade closed: stop reached