Not the greatest setup
but one to start the week with great risk reward :)
reasons for
1.Price has come back up to previous support trend line and has shown imediate affect
pushing price down
2.price created a bearish engulfing
3.Looks like price just made a correction and now is ready for a big drop
also remember the trend is your friend :)
but one to start the week with great risk reward :)
reasons for
1.Price has come back up to previous support trend line and has shown imediate affect
pushing price down
2.price created a bearish engulfing
3.Looks like price just made a correction and now is ready for a big drop
also remember the trend is your friend :)