Shorting Opportunity? Where Do We Go Next?
I look to short because
1. Price on the downward trendline (doubling as 0.786 fib retracement level)
2. RSI overbought
However, if price breaks the trendline, I would wait for a retest and price action for the next opportunity.
I love learning; as such all constructive comments and views are welcome.
All the best, traders.
1. Price on the downward trendline (doubling as 0.786 fib retracement level)
2. RSI overbought
However, if price breaks the trendline, I would wait for a retest and price action for the next opportunity.
I love learning; as such all constructive comments and views are welcome.
All the best, traders.
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