Simple trend continuation trade.
- Lower highs and now lower low
- Price rejecting 4hr 50ema
- Fib 0.618 retracement level
- Price rejecting 7200 price level
Looking for a new lower low and price to finally reach 7000.00
- Lower highs and now lower low
- Price rejecting 4hr 50ema
- Fib 0.618 retracement level
- Price rejecting 7200 price level
Looking for a new lower low and price to finally reach 7000.00
Trade active
Comment:
Nice bearish momentum coming in to the markets now