nxtleveltrader

nxtleveltrader Updated 

A break of the white trendline on this pullback will give more confirmation of a downtrend continuation. Again, id be very grateful for other more experienced traders perspective.

nxtleveltrader

Daily and 4hourly down trend broken. Pullback to 200 ema on 4hourly timeframe, strong resistance at same level (4400) at 21 ema 50 ema and 200 ema on the daily. Thinking of shorting position at 4400 ish. Or maybe wait for a close back below that level for more confirmation. Im quite new to trading so look forward to everyones opinion and analysis.