First lets see the weekly chart:
Price reached 1.61 fib extension at all highs. Bollinger band duplication suggest a pullback.
Looking at daily chart, the trendline crossover is our confirmation to short.
Happy Trading.
Price reached 1.61 fib extension at all highs. Bollinger band duplication suggest a pullback.
Looking at daily chart, the trendline crossover is our confirmation to short.
Happy Trading.