The reason for taking this trade is
1. All Timeframes are bearish
2. It is currently resisting a daily AOI zone
3. There was a strong bearish engulfing candlestick on the 2hr timeframe
4. I waited for a 15mins engulfing candlestick before entering
5. It's only wise to go with the trend cause the trend is our friend.
Trend Analysis

Haftungsausschluss