The set up is really interesting and some good confirmation for this bearish set up. The Friday news momentum confirming that we should be on the right side of the market
Note
watch price action around EMA on one hour if it reach there
might be a bounce and short
Note
this short trade is not active, we are waiting for confirmation for shorting and this bull move is good for better entry
Note
as expected, price were looking for touching EMA, there is still possibility for one more up move before short happening, but this is better entry
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.