Reasons-
1) Weekly trend is down as per 200 ema & Ichimoku Cloud.
2) Decisive rejection from daily range tops (resistance level)
3) Stop hunting took place recently at the top.
4) It's likely that institutions are creating liquidity to get their short filled.
5) Small risk for high reward possiby.
KINDLY TRADE AT YOUR OWN RISK.
GOOD LUCK 👍
1) Weekly trend is down as per 200 ema & Ichimoku Cloud.
2) Decisive rejection from daily range tops (resistance level)
3) Stop hunting took place recently at the top.
4) It's likely that institutions are creating liquidity to get their short filled.
5) Small risk for high reward possiby.
KINDLY TRADE AT YOUR OWN RISK.
GOOD LUCK 👍
