We have:
-distinct bearish AB=CD Pattern with RSI BAMM Confirmation
-hit of Weekly Pivotpoint Level
-hit of Daily R2 Pivot Level
-overhelming downtrend on higher timeframes
=>great shorting opportunity!
-distinct bearish AB=CD Pattern with RSI BAMM Confirmation
-hit of Weekly Pivotpoint Level
-hit of Daily R2 Pivot Level
-overhelming downtrend on higher timeframes
=>great shorting opportunity!
Comment:
Remember our Stop is a manually stop so we just went out if on the timeframe we are trading the market is closing above the stop!! Bad news just pushed the market upway but the overhelming direction should be still bearish!!