For this one It has fallen below 21 and 50EMA. Been watching it for a re-trace and it seems today is the day. It went back up to the 21 and 50 EMA. Going short with a target as can bee seen here. past few weeks it has shown a constant lower highs and after breaking down a few days ago I believe this is a good short. Set my target and SL. Happy trading.
Trade closed: stop reached:
My stop was hit the next day. No regrets I followed my rules and it was as simple as I was wrong. Moving on to next trade. Cut loses and move on.