Selling idea based on:
1. Breakout of the trendline and strong support zone
2. MACD bearish shift
3. Possible breakout of the 200EMA
Hence, we shall enter the trade when retracement happen at the previous support, and monitor the price action closely in respect to the 200EMA.
1. Breakout of the trendline and strong support zone
2. MACD bearish shift
3. Possible breakout of the 200EMA
Hence, we shall enter the trade when retracement happen at the previous support, and monitor the price action closely in respect to the 200EMA.
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