AS WE CAN SEE WE HAVE HAD THE PRICE PUSH THROUGH THE SUPPORT WHICH HAD MULTIPLE TOUCHES. IT BROKE THROUGH RE-TESTED AND WE THEN HAD A STRONG PUSH TO THE DOWNSIDE.
WE NOW HAVE THE PRICE BACK UP TO THE SUPPORT NOW TURNED RESISTANCE LEVEL AND CURRENTLY HAVE A BERISH CANDLE FORMING. I WILL BE WAITING TO SEE WHERE THIS CANDLE ENDS FOR FURTHER BEARISH CONFIRMATION.
MY STOP LOSS AND TAKE PROFITS FOR THIS WOULD BE AS SO:
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