Going short as per the reasons mentioned here
1. Making lower highs and lower lows.
2. Currently giving strong bearish candles and
also showing bearish candles on the previous highs.
3. Violated a major support region which will
serve now as a resistance region.
4. Bounced back from 0.386 fib retracement level.
5. Making a rising wedge pattern indicating
bearish trend continuation.
1. Making lower highs and lower lows.
2. Currently giving strong bearish candles and
also showing bearish candles on the previous highs.
3. Violated a major support region which will
serve now as a resistance region.
4. Bounced back from 0.386 fib retracement level.
5. Making a rising wedge pattern indicating
bearish trend continuation.