We are in an overall down trend. We have had a retracement. If price has found resistance at its current high, we might have a good trade to the downside. I have an Entry STOP order waiting at the green line, Stop at the red line and Target at the Fib 161.8 light green line. Lets see how it plays out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
