DAILY:
Complex Pullback to a well organised downtrend.
My approach is to look for a simple reward, twice the risk, and then wait for another setup or signal.
WEEKLY:
The established trend was to the upside, but technically now, I see a possible loss of buying pressure.
I think that he probability favours a downtrend going forward.
I shall look for valid setups on daily to short it.
Complex Pullback to a well organised downtrend.
My approach is to look for a simple reward, twice the risk, and then wait for another setup or signal.
WEEKLY:
The established trend was to the upside, but technically now, I see a possible loss of buying pressure.
I think that he probability favours a downtrend going forward.
I shall look for valid setups on daily to short it.