As you can see the stoch and rsi are both oversold but it currently isn't showing a bounce yet therefore I want the price to come out of this small consolidation and at that point i'll probably short. Also the stoch should give a clearer signal.
I'll probably take profit at the levels below when the indicators agree with a bounce.
I will take my loss when the price closes above the resistance.
I'll probably take profit at the levels below when the indicators agree with a bounce.
I will take my loss when the price closes above the resistance.