Price tested strong ressistance level and once again failed to break through it,then fall all the way down....
i would wait to see if price can fall a little bit lower to that support/fib 0.382 lvl or 147.000 price with RSI oversold,which would be good oportunity to catch that pullback(buy) before it probably continues down....
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Another,maybe better way to enter is to go short at end of pullback....(jump in impulsive wave)
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all depends on ur strategy setups...
i would wait to see if price can fall a little bit lower to that support/fib 0.382 lvl or 147.000 price with RSI oversold,which would be good oportunity to catch that pullback(buy) before it probably continues down....
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Another,maybe better way to enter is to go short at end of pullback....(jump in impulsive wave)
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all depends on ur strategy setups...
Trade active:
1H timeframe
we have doublle top and EMA cross...reversal trend
fib extension at point...finished
RSI oversold
but pullback on sell impulsive move...
we have doublle top and EMA cross...reversal trend
fib extension at point...finished
RSI oversold
but pullback on sell impulsive move...
Comment:
correction : "....buY pullback oR sell impulsive move..." *