In this video update, we discuss a potential swing trading opportunity on the Daily timeframe.
We spoke about this market last week as price tested the key resistance. We are looking for a bearish
rejection candle from the resistance in order to get short here. Looking at the lower timeframes we
can expect the price to break the wedge pattern. If we see a clear close below we can look for the
continuation move to the key demand zone.
We spoke about this market last week as price tested the key resistance. We are looking for a bearish
rejection candle from the resistance in order to get short here. Looking at the lower timeframes we
can expect the price to break the wedge pattern. If we see a clear close below we can look for the
continuation move to the key demand zone.