Hello, hope everyone has enjoyed their holidays!
Now let's back to the grind, shall we?
Here's what I see...
We are currently trading below the EQ of this bear flag that has been ranging the past week or so.
The entries are not ideal as I would rather enter higher but the market is overall bearish.
So let's deal with what it's offering us.
ENTRIES:
A) 3610
B) 3670
TARGETS:
A) 3580
B) 3540
C) 3490
D) 3440
STOP LOSS: 3725
AVERAGED RR: 3
DISCLAIMER: I am not responsible for the losses as a result of using my trading strategy, so please exercise caution and do your own research.
Good luck!