We saw AU moving in the downward direction and got to a support level, And it recovered up to the last resistance formed and also a trendline was formed in the 1H and the resistance level thatwe are at have rejected the market ans pushed it down .
An inverted hammer was formed after which an engulfing candle folowed and the trendline was broken, leading to a clear short entry. Use your own RM. Monitor for a double topin 1h or 15mins.
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An inverted hammer was formed after which an engulfing candle folowed and the trendline was broken, leading to a clear short entry. Use your own RM. Monitor for a double topin 1h or 15mins.
Drop a comment about this, would love to hear your own opinion