This is a short term counter trend trade for a pullback. Although the trend is bearish, a bounce from this support level (on the daily chart) may act as a reversal too.
Trade Safe, Stay Happy.
Regards
Bravetotrade
Trade Safe, Stay Happy.
Regards
Bravetotrade
Comment:
The small BullishCrab shown in the post may act as a catalyst for the larger BullishBat shown above.
Comment:
Pullback was very shallow, stop loss level breached.
JJ Singh
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020