Planning to go short post rejection. Minor indication that price might revert to the downside however the daily and Weekly chart indicating long term BUY.
Plan A - Go short post rejection on the first resistance level
Plan B - Wait for rejection on the second level then buy the pullback
Plan A - Go short post rejection on the first resistance level
Plan B - Wait for rejection on the second level then buy the pullback
Trade active:
Short entry placed.
Trade closed manually:
Canceled this order and placed a short term buy o the upside and hit my TP. Still watching this area as the price might break through the resistance level and I will place a BUY but If it trends downwards and breaks through the support level I will place a SHORT entry.
Comment:
Almost close to our resistance area If it breaks through I might enter a short term buy otherwise I am only interested in the pullback.