The price moved out from a up trend channel, retracted and going south again and current supported by a strong support line. Stoch RSI and Slow Stoch are both in over sold level and the price maybe will retract to North again (or not).
Current is not a good position neither for long (already moved out from up trend channel) or short (Indicator are in over sold levels).
Maybe wait for the price retracting back to previous pressure line area and touching a down trend channel top line area, then open short order there.
or wait for the Indicators go back to over bought level or 50 level, then open short order there.
Current is not a good position neither for long (already moved out from up trend channel) or short (Indicator are in over sold levels).
Maybe wait for the price retracting back to previous pressure line area and touching a down trend channel top line area, then open short order there.
or wait for the Indicators go back to over bought level or 50 level, then open short order there.