The bulls have finally come to exhaustion and the bears have taken over as evidenced by the broken trendline and when looking at the weekly chart we have formed a nice pin bar for reversal.
I'm looking for a spike back up to the 147 level and then look for a sell signal around the new trend line. A break above the down trend line means we were just in a corrective state this past week and I will look to go long. PAY ATTENTION TO THE PRICE ACTION. Do enter until you get the signal.
I'm looking for a spike back up to the 147 level and then look for a sell signal around the new trend line. A break above the down trend line means we were just in a corrective state this past week and I will look to go long. PAY ATTENTION TO THE PRICE ACTION. Do enter until you get the signal.
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Closed in Profit. Almost hit my TP