Look like we got a zigzag correction right here.
A nice red candle just breaks the trend line which is a signal for ending the correction (or breaking the flag).
61% FIB is a good point to bounce back.
We also clearly see the LL and LH. that means bearish market.
Those are enough reasons for us to enter the trade.
A nice red candle just breaks the trend line which is a signal for ending the correction (or breaking the flag).
61% FIB is a good point to bounce back.
We also clearly see the LL and LH. that means bearish market.
Those are enough reasons for us to enter the trade.
Comment:
Target 1 reached, keep small portion and let it run