Market has been pushing up into an area of interest since last week
At these levels, lets be observant to see any possible trades for a pull back
Moving averages suggest a possible pull back
Market sentiment is majority short
Big trend is still bullish
I'd still wait for a much better entry point for a short, it's a better habit to enter at a second rejection versus a first rejection
Good Luck
At these levels, lets be observant to see any possible trades for a pull back
Moving averages suggest a possible pull back
Market sentiment is majority short
Big trend is still bullish
I'd still wait for a much better entry point for a short, it's a better habit to enter at a second rejection versus a first rejection
Good Luck