Wait for price to enter the 77.80-78.00 zone and then once the up trend line is broken down, go short on the retrace.
Stop loss above last high created.
Target - 77.50.
Once the price reaches the target zone look for hidden bullish divergence and switch for a sell. Ideally we want to enter with the breakout of the down trend line that will form during the down move.
Stop loss above last high created.
Target - 77.50.
Once the price reaches the target zone look for hidden bullish divergence and switch for a sell. Ideally we want to enter with the breakout of the down trend line that will form during the down move.
