Trend: Down
Plan to enter:
- Market enter if we close below blue line
- Limit short orders are laddered in the box
- SL is a close above dotted blue line (confluence of high price significance & .236 fib & wave four of one degree smaller)
Expect to interact with blue dashed line.
RSI:
Looking for reversal between 55-65
Plan to enter:
- Market enter if we close below blue line
- Limit short orders are laddered in the box
- SL is a close above dotted blue line (confluence of high price significance & .236 fib & wave four of one degree smaller)
Expect to interact with blue dashed line.
RSI:
Looking for reversal between 55-65
Caveat is more difficult to enter with clear SL.