According to the chart structure the trend is negative.
Today we have an inverted Hammer type candle, the price is rejected from the resistance zone.
Personally I am waiting for a short trade the reason is that on the bigger time frames the correction is pending.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have an inverted Hammer type candle, the price is rejected from the resistance zone.
Personally I am waiting for a short trade the reason is that on the bigger time frames the correction is pending.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Kommentera:
As long as the price is below the retest (resistance) level we are in the negative zone. Also today we have a green candle with low high and low low. Technically this candle is not tradable.
Kommentera:
As long as the price is below the retest (resistance) level we are in the negative zone.
