- rsi oversold
- price deviated from 20 ema
- retrace expected
- approaching key level of support
- T1 at .382 fib and T2 at .618 with sl trailing till .382 as overall trend on weekly chart bias is bearish
- sl is reasonably large so recommend downsizing position to take this trade set up
- price deviated from 20 ema
- retrace expected
- approaching key level of support
- T1 at .382 fib and T2 at .618 with sl trailing till .382 as overall trend on weekly chart bias is bearish
- sl is reasonably large so recommend downsizing position to take this trade set up