$F just hit the daily downtrend which also happens to be the .76 fib retracement level. I took the short position on the 4 hour doji candle and my target is 14.78. Good reward risk ratio. I will be using a 30 min chart to trail my position and lock in profits.
Gorgeous short. Hit the .38 retracement from the last move down which is also previous support now resistance. Moreover , the downtrend line was there as well. Congrats to those who took it.
A long set up to keep on you watch list. Long if the blue line is hit and reversal candlestick pattern forms. Confluence is not bad at all, target is the last swing high 141
AA has been on a downtrend for a while now and if it spikes up to 13, a clear short will be signaled if we get a reversal signal such as a candlestick patterns or head and shoulders on lower time frame. Lots of confluence and you will be going with the trend.
