SMA200 above price, with the angle down - downtrend.
Low lows and low highs - downtrend.
Cons: there is news very closely.
Sell Stop below daily support line, as 50% Fib Retracement.
S.L. a little above last High.
T.F. a little above last Low, as 61.8% of Fib Extention.
It is for my education only.
Would be very glad for any constructive criticism.
Low lows and low highs - downtrend.
Cons: there is news very closely.
Sell Stop below daily support line, as 50% Fib Retracement.
S.L. a little above last High.
T.F. a little above last Low, as 61.8% of Fib Extention.
It is for my education only.
Would be very glad for any constructive criticism.
Trade closed: stop reached