- The market direction is bearish, is in downtrend (Always trade on the direction of market)
- Volume dropping getting lower and lower
- RSI and CCI both are in downtrend
- Strong bearish candle formed after reversal confirmation
I will observer the market carefully, we need strong confirmation of uptrend before jump in and buy more. On this space i usually focus on 12hr or 1 day charts.
This is just recommendation and forecast....
Comment:
Be careful of bull traps on the way down... Focus on good trade then money