Bullish Indications
1. Lower Highs and Lows
2. Taking Support from trendline
Bearish Indications
1. 0.382 fib support on 1D TF
2. Bearish Divergency on 2H and 4H TF
I anticipated taking a short position against the trend because it already defined HH and it will retrace back to define new HL
1. Lower Highs and Lows
2. Taking Support from trendline
Bearish Indications
1. 0.382 fib support on 1D TF
2. Bearish Divergency on 2H and 4H TF
I anticipated taking a short position against the trend because it already defined HH and it will retrace back to define new HL