Price broke out of the uptrend between March- August. Price just fell out of the resistance zone and I don't see any new highs being created on the 1 hour or 30 min. I feel that price will continue to fall and at least test 50% of the previous low (see September 24th). I drew this up last Friday and entered just now and want to see if it will play out. Not sure how long I will hold but am hopeful for a downtrend soon if high isn't broken!
What do you think? If you agree, like, follow, comment! New to trading and want to build and network with like minded individuals!