One can wait for price to close below its recent strength candle and look for short sell set up
I am looking if it cracks it will make to new low
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some one asked me weather it has done with its correction and the answer is no its still going to make one more new low , i am attaching next possible move
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it made to my forecast , the only thing you can learn form this is Level of Confidence , If you dont know what you are trading then you better dont trade it , I often get a Personal message that they have position long or short and they are in deep loss , My 1st Question is what was your Original plan ? what was your Original stop ?? and when i see the answers its amazing everyone has the same answer No stop or dont know , Try to get a Grip on the Knowledge people or else you will be out of the Market
Futures OI data, Options OI data, Change in OI show a long buildup. Any view that it will still make a NEW low or surge from now on?