Hello traders,
Last week we saw somewhat of a shooting star which was able to engulf the majority of the prior week's candle. The retracement in response to last Friday's fall is more apparent on the daily timeframe where we have pierced into a key daily resistance level as well as daily moving averages.
I see a good short opportunity and i have already entered the trade!
Good luck,
Rodrigo FAC
Last week we saw somewhat of a shooting star which was able to engulf the majority of the prior week's candle. The retracement in response to last Friday's fall is more apparent on the daily timeframe where we have pierced into a key daily resistance level as well as daily moving averages.
I see a good short opportunity and i have already entered the trade!
Good luck,
Rodrigo FAC