We can see where price is currently at is a strong sell area with it meeting resistance and a trend line this makes it a double sell signal.
This is like 2 men sleeping with your wife at the same time, it just re assures you that it is time to "sell" her to the highest bidder ;p
Also yesterday a few hours before market close we really saw price rally off the back of NFP so price needs to come back down to earth so we can only see more bearish movement at market open, This spike in price was just manipulation to wipe all the small retail traders out the market before further downwards movement.
Just remember to trade with correct risk management, and if you have any questions at all or need help then just message me.
This is like 2 men sleeping with your wife at the same time, it just re assures you that it is time to "sell" her to the highest bidder ;p
Also yesterday a few hours before market close we really saw price rally off the back of NFP so price needs to come back down to earth so we can only see more bearish movement at market open, This spike in price was just manipulation to wipe all the small retail traders out the market before further downwards movement.
Just remember to trade with correct risk management, and if you have any questions at all or need help then just message me.