Bearish Indications
1. Lower Highs and Lows
2. Three Black Crows on LH
3. Significance Resistance and support area
4. Head n Shoulder Reversal Pattern
5. 0.6591 and 0.66903 fib levels restest on 1D TF
6. Significance Bearish Divergence
Bullish Indications
1. December Remains positive for the last 3 years
There are more bearish indications so I will open a short position by managing proper risk/reward which is 3% of my portfolio
1. Lower Highs and Lows
2. Three Black Crows on LH
3. Significance Resistance and support area
4. Head n Shoulder Reversal Pattern
5. 0.6591 and 0.66903 fib levels restest on 1D TF
6. Significance Bearish Divergence
Bullish Indications
1. December Remains positive for the last 3 years
There are more bearish indications so I will open a short position by managing proper risk/reward which is 3% of my portfolio