Riding the wave down, the price had retreated to the 61.8% of the downward channel.
Price is showing weakness and would probably continue moving down to the 1300 price level.
Stop loss could be above previous high at 1335, or a tight stop loss above recent highs at 1328 is another for aggressive trades.
Price is showing weakness and would probably continue moving down to the 1300 price level.
Stop loss could be above previous high at 1335, or a tight stop loss above recent highs at 1328 is another for aggressive trades.