Very nice short trade here - MA Suggest that we have more down momentum - Long term MA Above price - Short term MA Potential Cross to the downside - Clear breakout of previous resistance, then a break back inside ( Weak Bulls) - Long bearish candle wick showing sellers are trying to push price lower, for a bull retracement indicates so selling pressure - Clear horizontal resistance point
Good Luck DacresFx
Kommentare
Santosfxc_
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Nice call, if sl was slightly bigger it would of been in profit.
managingchaoscapital
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Hey! Are you still short on that? I entered short but its seeing some horizontal movement and its making me uneasy :D
DacresFx
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Yes, sir... agree some range bound movements but im pretty confident we might see some more movement to the downside... the MA's Suggest
alex.a
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indeed, although the previous pin bar looks so risky...
alex.a
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pin bar means there were people who wanted to buy at that price. How strong ? don't know.