Fiber Reverses here
Yeah we heading down. Following are my reasoning to advocate reversal:
1- Bearish Bat
2- Strong daily rejection from a supply area
3- Weekly strong bearish so far
4- Broken uptrend channel
Wait for a little pullback to sell and best of luck!
1- Bearish Bat
2- Strong daily rejection from a supply area
3- Weekly strong bearish so far
4- Broken uptrend channel
Wait for a little pullback to sell and best of luck!
Trade active
it does not seem like it wants to tap 1.0920 area again, anyways, I added a small entry on Friday at 1.0886, I will add more structure breaks below 1.0873Note
Looks like we are bargaining here with the buyers folks, simply cannot let retail get what they want, seems like we topped in at 1.0870 within the range, keep you SL above that level and inshallah we shall soon be getting low. Cheers and best of luck B)
Trade active
Alright guys lets go again B)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.