Trend: Bearish
Structure: Support and resistance / Lower lows
Plan: We look for a continuation of the bearish trend. Price has bounce off previous higher lows (resistance) and has made a lower low, this along with MACD confirmation suggest a continuation of bearish trend
Structure: Support and resistance / Lower lows
Plan: We look for a continuation of the bearish trend. Price has bounce off previous higher lows (resistance) and has made a lower low, this along with MACD confirmation suggest a continuation of bearish trend