K.I.S.S:
-Weekly Bearish Rejection Candle
-Price retraced to .50 fib on/at rejection candle
-Price broke steep trendline
-Price returned to broken trendline and retested + printed another rejection candle
-Price broke daily higher low with bearish candle
Market logically and technically looks bearish, 1:4.7RR isn't that bad.
-Weekly Bearish Rejection Candle
-Price retraced to .50 fib on/at rejection candle
-Price broke steep trendline
-Price returned to broken trendline and retested + printed another rejection candle
-Price broke daily higher low with bearish candle
Market logically and technically looks bearish, 1:4.7RR isn't that bad.