Trend: Bearish to Ranging
Structure: Support and resistance
Plan: We would need price to move slightly higher if we were to enter this trade. However price has tested resistance a number of times now and another restest would lead to a nice short setup.
MACD confirmation before entry as a move higher is highly possible,
Structure: Support and resistance
Plan: We would need price to move slightly higher if we were to enter this trade. However price has tested resistance a number of times now and another restest would lead to a nice short setup.
MACD confirmation before entry as a move higher is highly possible,