Simple swing trade idea,
why short?
1) price is still down trend.
2) price rebound up to down trend line and rejected.
3) price still below 200SMA
4) price close below previous HL.
5) daily candle closed as bearish candle.
6) monthly candle still bearish , dont think it will suddenly boom up and be bearish.
trade with care.
why short?
1) price is still down trend.
2) price rebound up to down trend line and rejected.
3) price still below 200SMA
4) price close below previous HL.
5) daily candle closed as bearish candle.
6) monthly candle still bearish , dont think it will suddenly boom up and be bearish.
trade with care.
