Entered daily resistance & price looks like potential short formations are developing.
2 Scenarios I am watching.
A) Price goes back up to retest the high, in which case I watch for a valid (as per my trade plan) double top. (Yellow arrows)
B) Price hits short term support = deep retracement = presence of sellers above, in which case I watch for the formation of a valid (as per my trade plan) head and shoulders in marked zone. (White arrows)
Will update post as we go.
2 Scenarios I am watching.
A) Price goes back up to retest the high, in which case I watch for a valid (as per my trade plan) double top. (Yellow arrows)
B) Price hits short term support = deep retracement = presence of sellers above, in which case I watch for the formation of a valid (as per my trade plan) head and shoulders in marked zone. (White arrows)
Will update post as we go.
註釋
Heading back into shorting zone nowlooking for trigger
交易進行
註釋
Short still in play
免責聲明
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