Pullback to the 50% Fib?
Updated
Monitoring the pullback, possibly to the 50% fib.
Look to short if price resists the resistance area shaded. Previous support area on the daily chart.
Await for the ADX above 25 and stoch to confirm downword momentum again.
Now on a downtrend <daily chart- keeping with the overall trend.
Look to short if price resists the resistance area shaded. Previous support area on the daily chart.
Await for the ADX above 25 and stoch to confirm downword momentum again.
Now on a downtrend <daily chart- keeping with the overall trend.
Note
Entered at 3470
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